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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Bank of America

Bank of America stories: 225 news summaries

221 - 225 of 225 Stories | << Prev 1 ... 8 9 10 11 12

Online Brokers Play 'Let's Make a Deal'

E*Trade, Ameritrade renew talks
on merger that could jolt industry

(Newser) - Though past merger talks were never consummated, online stockbrokers E*Trade and TD Ameritrade are again in "serious discussions" over a union, the Wall Street Journal reports. A consolidation would create a dominant player in online trading, reducing competition and perhaps ratcheting up costs for consumers. One source estimates the... More »

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Wall Street Bank of America online trading merger stocks E Trade Ameritrade online brokers Toronto Dominion Bank

Japan Pumps Cash Into Market

Interest rate hikes unlikely

(Newser) - The Bank of Japan pumped $5.1 billion into the Japanese financial system today as the  global credit crunch continued to ripple through the Asian markets, Bloomberg reports. Adding to the jitters, Japan's growth is slowing more markedly than economists predicted; the world's second-largest economy expanded by only 0.5%... More »

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stock market Japan Bank of America subprime mortgages finance GDP Nikkei Asian markets Bank of Japan global credit Japanese economy

Outlook Bearish for Bear Sterns Hedge Funds

Managers scramble after creditors
nix bailout plan

(Newser) - Two major Bear Stearns hedge funds that once controlled more than $20 billion in assets are on the brink of collapse after disastrous losses in securities backed by subprimes. The Journal reports a bailout plan that would have kept the funds afloat fractured last night, and the consequences could ripple... More »

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Bank of America Goldman Sachs subprime mortgages business Bear Stearns Merrill Lynch hedge fund financial crisis

ABN Turns Down RBS Spoiler Offer

Dutch bank rejects $24 billion bid for LaSalle as no better than BofA's

(Newser) - Dutch bank ABN Amro has rebuffed a $24 billion offer for its American nephew LaSalle, from a consortium led by the Royal Bank of Scotland. ABN says the bid was no better than a previous one from Bank of America, and that the Scots had ignored "repeated requests for... More »

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Bank of America ABN AMRO LaSalle Royal Bank of Scotland business bank

Loan Giant Sallie Mae Goes Private

Nation's largest student lender is
sold for $25 billion

(Newser) - A group of investors is buying student lending giant Sally Mae for $25 billion, even as Capitol Hill debates reducing federal subsidies for student loans. The company—which began as a quasi-public agency—will be taken private by Bank of America, JPMorganChase, and private equity houses J. C. Flowers and... More »

221 - 225 of 225 Stories | << Prev 1 ... 8 9 10 11 12