Posts tagged "bank of america"

Bank of America CEO just can't win

The math is very crude. The Wall Street Journal reports that Bank of America Corp. (NYSE: BAC), still desperate to turn itself around, will fire 16000 people this year. Compare that to the 100000 jobs a month, on average, that

Bank of America is now speeding up its plan to cut 16,000 more bankers by a year, WSJ reports this morning. That will bring its total headcount to 260,000, down from a peak of 288,000 in 2010. While total employment at the nation's six biggest banks is

Curious why nearly 4 years ago to the day Ben Bernanke and Hank Paulson told Ken Lewis to purchase Merrill Lynch "or else" (but to make sure everyone gets paid their bonuses bright and early with no cuts)? It certainly had

Bank of America is planning to cut thousands of jobs by the end of 2012.

The Bank of America's online banking site suffered occasional problems Tuesday after threats on the internet that a cyber-attack would be launched on the bank and other US targets in protest at a film mocking Islam.

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Posted by - September 21, 2012 at 3:54 pm

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Bank Of America Cutting 16K Jobs By Dec.: Big Bank Would End Slim-Down A …

Bank of America is now speeding up its plan to cut 16,000 more bankers by a year, WSJ reports this morning. That will bring its total headcount to 260,000, down from a peak of 288,000 in 2010. While total employment at the nation's six biggest banks is

The math is very crude. The Wall Street Journal reports that Bank of America Corp. (NYSE: BAC), still desperate to turn itself around, will fire 16000 people this year. Compare that to the 100000 jobs a month, on average, that

Bank of America is now speeding up its plan to cut 16,000 more bankers by a year, WSJ reports this morning. That will bring its total headcount to 260,000, down from a peak of 288,000 in 2010. While total employment at the nation's six biggest banks is

NEW YORK (MarketWatch) — U.S. financial stocks led the broader market lower Thursday as big bank stocks fell after Bank of America Corp. said late Wednesday it was increasing its planned job cuts for the year to 16,000 as it struggles to cut costs and

The math is very crude. The Wall Street Journal reports that Bank of America Corp. (NYSE: BAC), still desperate to turn itself around, will fire 16000 people this year. Compare that to the 100000 jobs a month, on average, that

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Posted by - September 20, 2012 at 3:25 pm

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Japan's central bank follows US lead in easing monetary policy to cushion …

The Bank of Japan wrapped up a two-day policy meeting by increasing its asset-purchasing fund to 55 trillion yen ($695 billion) from 45 trillion yen. That followed the U.S. Federal Reserve's decision last week to stimulate growth through so-called

But that tally is down from over 60% who believed at least one country would exit the euro in the bank's previous survey in June. About one-third of equities investors see European stocks outperforming other regions, up from 11% in June. Bank of

MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the NYSE were Advanced Micro Devices (AMD), Bank of America (BAC), and SPDR S&P 500 ETF (SPY) as of 9:10 a.m. Investors

The Charlotte Motor Speedway hosted a news conference today announcing Bank of America's "Express Your Thanks" campaign. NASCAR Sprint Cup Series champion Tony Stewart was among the officials supporting the program to benefit the Wounded

Some of the region's lesser-known nonprofits are getting a big boost with $357500 in grants from Bank of America's charitable foundation.

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Posted by - September 19, 2012 at 11:52 am

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Bank of America's site stuck in prolonged slowdown

Bank of America website having issues. Bank of America's website appears to be having issues today, with slow load times and occasional messages saying the site can't be accessed. "The website is not down, it's available,

Some of the region's lesser-known nonprofits are getting a big boost with $357500 in grants from Bank of America's charitable foundation.

Bank of America website having issues. Bank of America's website appears to be having issues today, with slow load times and occasional messages saying the site can't be accessed. "The website is not down, it's available,

A bunch of new patent applications from Bank of America reveal that the company's R&D lab has been working on new mobile technologies that would enable smartphone users to analyze their environment with their smartphone's video camera; recognize

Sept. 18 (Bloomberg) — U.S. stock futures dropped, indicating the Standard & Poor's 500 Index will decline for a second day, amid mounting concern that Europe's leaders will struggle to resolve their debt crisis. Bank of America Corp., the second

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Posted by -  at 12:52 am

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Bank of America faces debit fee fury

30 (Bloomberg) — Bank of America Corp.'s Countrywide unit was sued by Sealink Funding Ltd. in New York over $1.6 billion of residential mortgage-backed securities the fund purchased between 2005 and 2007. Sealink filed the suit against Countrywide in

Fox Business Network's Gerri Willis cut up her debit card on air last night to show her dissatisfaction with Bank of America's new policy. Bank of America: The end of low cost banking? Now the bank faces a public relations backlash.

Congratulations, Congressional Democrats: you've managed to soak the working poor again. Bank of America will start charging debit-card users $5 a month to pay.

Bank of America Adds $5 Monthly Debit Card Fee: Banks across the U.S. are piling on customer fees in the wake of new regulations. ..

Bank of America Adds $5 Monthly Debit Card Fee: Banks across the U.S. are piling on customer fees in the wake of new regulations. ..

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Posted by - September 30, 2011 at 10:52 pm

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