Bank Of America Corp.
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Breakfast with Benjamin: Fed shrugs off market selloff and sticks to taper plans
Breakfast with Benjamin: Janet Yellen's Fed is sticking with tapering but more econ data today could change the conversation. Plus: Stocks are down big so is it the overdue correction? And Japanese stocks fell 4% overnight, the case for index funds, BofA rate traders see smaller bonuses, and ...
Krawcheck says advisory business still coming up short in reaching out to women
The trailblazer says the advisory business is still coming up short in reaching out to women, both as advisers and clients, and explains why.
Merrill Lynch ends 2013 on a high note
Fee-based business and strong markets drive up results for BofA's wirehouse.
Big banks feel the heat from religious investor groups
Friday's breakfast is served: Big banks feel the heat from religious investor groups; Deutsche Bank settles with Finra; the housing recovery's recovery and Jamie Dimon's wacky holiday card
Bernanke looks past end of QE and sees low rates for a long time
Today's Breakfast with Benjamin: Bernanke sees low rates for a long, long time; holiday retailers on the ropes; SAC Capital jury selection; investigating fishy employment data; coal becomes the next tobacco-style villain
When undervalued stocks are expensive
How to find undervalued stocks in a bull market. Plus, Bitcoin (yes, Bitcoin) gets legit; big investors licking their chops at BofA $8.5B settlement proposal; some good news for Madoff victims; and welcome back cap gain distributions. Curated by InvestmentNews senior columnist Jeff Benjamin.
BofA Merrill bias settlement goes to once-skeptical judge for approval
The judge who today will hear arguments on Bank of America's $160 million settlement has repeatedly rejected requests by black financial advisers at BofA's Merrill Lynch unit to sue as a group over alleged racial discrimination.
BofA's Merrill reaches $160M settlement in racial discrimination lawsuit
Merrill Lynch reaches a $160 million settlement over a racial discrimination lawsuit filed by a group of advisers.
BofA creates new retirement unit
Bank of America Corp. has combined its retirement planning and wealth management capabilities.
Meredith Whitney reveals 'the stock to own this year'
Meredith Whitney has once again come out with a bold market prediction. But this time, she's not alone in her thinking.
Fidelity annuities vet jumps to Bank of America
Bank of America Corp. has hired Jeffrey K. Cimini, former president of Fidelity Investments Life Insurance Co., to oversee the wirehouse's retirement products strategy.In the newly created post, Mr. Cimini will be a managing director and head of personal retirement at Bank of America's Global
BofA settles with investors, but what about reps?
Bank of America on Friday agreed to a $2.43B shareholder settlement over the acquisition of Merrill Lynch. It's unclear if this bodes well for ex-reps who are suing the brokerage for deferred comp.
How will Libor scandal affect wirehouse advisers?
The unfolding investigations into manipulation of the LIBOR interest rate could be the next ugly story that wirehouse advisers will have to explain to clients.
Buffett's faith in this sector finally starting to pay off
Warren Buffett’s Berkshire Hathaway Inc., the largest investor in Wells Fargo & Co. and holder of preferred shares in Bank of America Corp., climbed to a 13-month high as the lenders rallied.Berkshire Class A shares rose about 1 percent to $124,440 at 4 p.m. in New York, the highest value since
BofA wields ax at U.S. Trust: Sources
Say some executives at U.S Trust have been let go; claim partial travel ban was also instituted
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February 27, 2014