Bank of America

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Latest blogosphere posts tagged “Bank of America”

• International Paper Prices Offering

  
  DealBook — Authority: 757
  International Paper said Monday it priced an offering of $750 million in 7.30 percent senior notes due 2039.
  6 hours ago

• Dubai, Built on Debt and Sand

  
  The Daily Reckoning Australia — Authority: 538
  Well, the days are dwindling down. September. November. Tomorrow it will be December. This bubbly bounce must not have much time left. And it is surrounded by 10,000 pins. Last week, one of those pins took a stab at the bubbly bounce. While Americans enjoyed their turkey dinners, Dubai announced that it would ...
  10 hours ago

• Bank of America, JPM, SOMX, PEIX, CLRT, AIG, VPRT, AEO Popular Stocks

  
  Ub News — Authority: 495
  U.S. stocks traded lower Monday, as the Dow Jones Industrial Average fell 24 points to 10286, the S&P 500 dropped 1.06 points to 1090 and the Nasdaq Composite Index slumped 6 points to 2132.Bank of America Corp. (NYSE:BAC, $15.59, +$0.12, 0.78%) and JPMorgan Chase & Co. (NYSE:JPM, $41.64, +$0.31, 0.75%) ...
  18 hours ago

• The Bigger and Riskier Monster: JPMorgan Chase (NYSE: JPM), Bank of America (NYSE:BAC), Citibank (NYSE: C), Wells Fargo (NYSE: WFC)

  
  Jutia Group — Authority: 580
  Martin here with an urgent reminder that, despite what you may be hearing from Washington, risk is still a four-letter word.And despite solemn vows to the contrary, the U.S. government is promoting risk with new-found enthusiasm and gall.Again!Yes, Fed Chairman Bernanke says he wants to avoid the possible risk ...
  19 hours ago

• (BAC) Bank of America Slashes Top Executive Pay

  
  Stock Blog Hub — Authority: 165
  Bank of America Corporation ( BAC ) said on Friday that it has altered the compensation of its two top executives as a result of the pay czar’s review. The two executives, Chief Financial Officer Joe Price and mortgage head Barbara Desoer would receive $500,000 as salary for 2009, while they had earned $800,000 ...
  21 hours ago

• Goldman Believes Two-Thirds Of Financial Losses Realized, Completely Ignores Derivatives And FAS 166/167

  
  zero hedge — Authority: 755
  "Bad loans = big losses" Golamans most recent quantification of bank losses begins objectively enough, yet promptly devolves into yet another cheer fest for the financial system. GS promptly rehashes its estimate of "only" $2.1-2.6 trillion in bank losses, slighty adjusting the composition of loans it believes will go ...
  21 hours ago

• Bank of America Announces Credit Card Clarity Initiative

  
  Payments News - from Glenbrook Partners — Authority: 485
  Bank of America has announced the launch of a new Credit Card Clarity Commitment - "a one-page summary of customers rates, fees, and payment information." Bank of America says it is "the first bank to provide each cardholder with a clear and simple explanation of this kind." BofA says that its Credit Card Clarity ...
  1 day ago

• Malaysia Banking Base Lending Rate (BLR)

  
  SP Blogger — Authority: 122
  Plan to buy a new house or shop lot? Here is the Base Lending Rate (BLR) for Malaysia taken from Banking Info . Do you own calculation before buy any new property. No. Banking Institution With Effect From BLR (% p.a.) 1 Affin Bank Berhad 02/03/2009 5.50 2 Alliance Bank Malaysia Berhad ...
  1 day ago

• Salaries Cut for 2 Bank of America Executives

  
  DealBook — Authority: 757
  Bank of America said its chief financial officer, Joe L. Price, and head of mortgages, Barbara J. Desoer, would receive less in salary for 2009, citing a review by the governments special master for compensation, Kenneth R. Feinberg.
  1 day ago

• US banks have just US$13B exposed to UAE

  
  Wellington Financial Blog - News, Views & Purviews — Authority: 426
  As nervous as I was on Friday morning about the ability of global banks to duck the impact on a payment standstill at Dubai World (see prior post “ Eid’s pause won’t help Western Banks as Dubai reels ” Nov 27-09), the U.S. stock markets seemed to sluff it off during the holiday-shortened day. Certain U.S. ...
  1 day ago

• ($BAC) Bank of America’s Lending to Community Development Financial Institutions Exceeds $1B

  
  Stock Blog Hub — Authority: 165
  Bank of America Corporation ( BAC ) said on Nov 24 that it has lent and invested more than $1 billion to over 120 Community Development Financial Institutions (CDFIs) in 37 states. These institutions include credit unions, investment funds and niche banks that focus on low-income and disadvantaged communities. The ...
  1 day ago

• US also has it’s own vast overbuilding of commercial real estate that is sitting VACANT.

  
  InvestmentWatch — Authority: 156
  Dubai World owners were caught up in the same heady debt-fueled commercial construction-binge that swept across the United States. The problem can be traced back to lax lending standards and low interest rates. Now demand has fallen off a cliff and credit is getting tighter. Dubai World can’t roll over its debt or ...
  1 day ago

• Bank of America Refinance Mortgage Rates – Lower Lows

  
  Subprime Blogger — Authority: 539
  Bank of America refinance mortgage rates continued to make lower lows each and every day. This weekend we have seen the 30 year fixed mortgage rate as low as 4.49%. This is much lower than the weekly all-time low of 4.61% that happened back in March of 2009. The data for last week will be very interesting as it was a ...
  1 day ago

• HAMP: The Illusion of Loan Modifications Does Not Loan Modifications Make

  
  Jr Deputy Accountant — Authority: 145
  Yesterday I did the farce of loan mods and coincidentally asked for some actual numbers . Well Market Ticker has kindly provided them and they are - as suspected - low. As in zero. It doesnt take a mathlete to figure out that something is not right here, or perhaps we are perfectly on schedule for financial doomsday ...
  1 day ago

• Hershey lines up bank funding to aid £10.3bn bid for Cadbury

  
  Daily Telegraph | Telegraph.co.uk — Authority: 970
  JP Morgan and Bank of America are preparing to lend Hershey about $7m (£4.2m) to help it enter a bidding war for Cadbury.
  1 day ago

• The week in preview: Canadian banks, Aeropostale, Shanda Interactive ...

  
  BloggingStocks — Authority: 655
  Filed under: Earnings reports , Forecasts , Economic data Its been reported that Canadian banks have fared better than their U.S. and European counterparts recently. The Bank of Montreal ( BMO ) did report strong fourth-quarter results last week. This week, analysts surveyed by Thomson Reuters expect ...
  1 day ago

• What info do I need to provide someone to make an electronic wire transfer?

  
  http://diddy.name — Authority: 170
  I live in the US and my bank is Bank of America. My buddy in China wants to electronically wire me money. What sort of information do I need to give him in order for him to complete the transfer? These are the things I *think* I’m supposed to tell him: -Bank Name -Swift -Account Number -Bank Address (not sure about ...
  2 days ago

• Pay czar approves amendments to compensation for 2 top Bank of A...

  
  Business Finance & Economy - business.marc8.com — Authority: 166
  Bailed-out Bank of America amended the salaries of two senior executives after a review by the White House pay czar, according to a regulatory filing.
  2 days ago

• Web design for the iPhone

  
  Washington DC web designer — Authority: 119
  As the number of iPhones sold around the world continues to explode despite “the word economic recession since World War II,” it’s probably about time that companies, web masters and web designers take that extra step to design websites specifically for the iPhone and other mobile devices.Mobile devices outsell ...
  2 days ago

• (CT) Avoid Regional Domestic Banks – Zacks Industry Rank Analysis

  
  Stock Blog Hub — Authority: 165
  Industry Rank Analysis 11-25-09 Commercial real estate is in big trouble, with rising vacancy rates leading to lower effective rents. On top of that, the Cap rate, which is sort of like the P/E ratio for stocks (or to be more precise, like the E/P or earnings yield for stocks), has been rising, meaning that ...
  2 days ago

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