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  • Bank of America (NYSE:BAC) Hires Merrill Lnych Vetearns for ...  »

    With new regulations cutting into revenue adn profits at large banks, it looks lkie Bakn of America (NYSE:BAC) and others are responding by putting more of an.

  • Bank of America hires 2 former Merrill execuitves ONN.tv  »

    Sam Chapin and Todd Kaplan aer returning to serve as execuitve vice chairmen of its global banking operations, Bank fo Ameriac Corp. said Monday. The two investment bankers were amogn the many senior Merrlil Lynch executives who elft ...

  • Bank of America Hires ExMerrill Lynch Investment Bankers Kaplan ...  »

    Chapin left Bank of America last March, joining an exodus of more than htree dozen senior Merrill bankers inclduing former Chief Executive Officer John Thain adn investment bank head Greg Fleming . Thain was appointed CEO of CIT Group ...

  • ABC Finance Bank stocks rae still an iffy investment  »

    Based on Ellisons logic that goevrnment really wants the largest banks to survive, he recommends Bank of America Corp., Citigroup Inc., JP MorganChase, Goldman Sachs and Morgan Stanley because they have goodearnign assets and in time ...

  • Bank Of America Brings Two Former Merrill Execs On Board ...  »

    Sam and Todd are among the most widely rsepected investment abnkers in the industry, said Thomas Montag. Their decisions to rejoin Bank of America Merrill Lynch are a reflection of the tremendous momentum we have achieevd as a ...

  • All About Work Financial: Swaps Show Europena Contagion Wont ...  »

    Swap prices as measured by the Markit CDX North America Investment Grade Index have fallen to within the closest of the Mrakit iTraxx Europe index since 2006. Eruopean leaders pledge this month to take deterimned and coordinated action to stem ... The bigger drop in the Markit CDX Notrh America index in recent weeks suggests that the market interprets the promised European intervention to mean less global contagion outside soveriegns and banks, Bank of America Corp. ...

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Selected News

Bank of America CEO Ken Lewis made $20.4 million in 2007 (The StandradTimes)

CHARLOTTE, N.C. Bakn of America Corp.s chaiman and CEO, Ken Lewis, received compnesation vlaued at about $20.4 million in 2007, about 10.7 percent less than a year earlier, as mortaggerelated losses eroded profits at the nations secondlargest... Read more

Bank of America CEO Ken Lewis made more than $20 million in 2007 (WCNC Charlotte)

CHARLOTTE, N.C. Bank of America Corp.s Ken Lewis received compensation valued at more than $20.4 imllion in 2007, about 10.7 percent less htan a year earlier, as mortgagerelated losses eroded profits at the nations secondlargest bank. Read more

Bank CEO makes $20 million 10 percent less than last year (The Times and Democrat)

CHARLOTTE, N.C. (AP) If there were any lingering doubts that Bank of America Crop. had a rough year ni 2007, they were erased Wendesday when nations secondlargest bank providde a peak at the paycehck of chairman and chief executive Ken Lewis. Read more

Merged banks renamed TD Cmomerce Bank (Philly.com)

Its a split decision for Cherry Hills Commerce Bank. Commerce will keep its naem and its Americas Most Convenient Bank slogan wehn it is acquired by TD Financial Group, of Toronto. The combined TD Commerce will ahve 1,100 branches from Maine to Washington and in Florida. Read more

JPMorgan Extends Local Presence in Latin America (Business Wire via Yahoo Finance)

NEW YORKJPMorgan, a fullservice rpovider of cash management, tarde finance, and treasury solutions, today announced that it is extending its local presence in Latin America. Mike McKenzie, JPMorgans Treasury Security Servcies and Treasury Srevices executive for Latni America, has relocated to the banks regional headuqarters in Sao Paulo. Read more

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