Bank of America

Bank of America Corp is one of the United States’ largest bank holding companies by assets. Its acquisition in 2008 of Merrill Lynch made Bank of America the world's largest wealth management corporation and a major player in the investment banking market.

New York to sue BofA, Wells Fargo

7 May 2013

New York Attorney General Eric Schneiderman said he plans to sue Bank of America Corp and Wells Fargo and Co for violating the terms of a settlement designed to end mortgage servicing abuses.

12:56PM

Tiger Asia was looking after its clients, not insider dealing

5 May 2013

Let's get on this horse again. Leaving aside the fact that the Securities and Futures Commission wants to punish Tiger Asia for dealing on inside information without first proving it guilty, was...

2:51AM

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US home prices set for 8pc surge, says Bank of America report

13 Mar 2013

Low interest rates, a tight inventory of properties for sale and record affordability are fuelling accelerated price gains, Michelle Meyer, a Bank of America economist, and Chris Flanagan and...

5:06AM

Earnings of top US lenders bring little joy

18 Jan 2013

Bank of America yesterday said its profit dropped 63 per cent as costs mounted from faulty foreclosures and flawed home loans while Citigroup reported a profit increase that was less than analysts...

5:27AM

Bank of America set to sign lease at Cheung Kong Center

8 Dec 2012

Bank of America is close to agreeing to lease almost 150,000 square feet of prime office space in Cheung Kong Center, as competition among landlords in Central increases with rising vacancy rates...

3:46AM

Royal Bank of Canada, Societe Generale subpoenaed in Libor probe

27 Oct 2012

Societe Generale, Royal Bank of Canada and Bank of America are among nine additional banks that were subpoenaed in New York and Connecticut's probe of alleged manipulation of Libor, a person...

3:42AM

Opinion

Workers pay the price for our bargains

5:20AM

Howard Winn

Barry Cheung makes waves in Moscow

3:47AM

Briefs, October 18, 2012

Bank of America's net profit falls 95pc

4:47AM

Business Digest, September 17, 2012

Beijing to release plan on financial reform

2:15AM

Staff bonuses and perks slashed after tough 2011

Investment banks slashed the 2011 bonuses paid to staff in Asia by 30 to 40 per cent from 2010 payouts, and scrapped some non-cash benefits including housing allowances and free home leave for...

7:22AM

Lai See

HSBC comes out on top in battle of the brands

6:37AM

Finger in every pie is Citi recipe for success

Like most big banks, Citigroup was severely mauled by the 2008-09 global financial crisis. But its operations in Asia have played a key role in assisting the bank's recovery process.

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2:56AM

On the Move

Tino Moorrees
Chief executive and president
BNP Paribas Investment Partners Japan

7:04PM