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Bulls continued their recent stampede into Bank of America on Friday as the stock rose more than 5 percent.
Sun, 05 Feb 2012 13:32:54 -0800 -
Bank of America's Home Loans Head to Leav
Barbara J. Desoer, who served as a point person for the bank amid fierce criticism of its foreclosure practices, is retiring.
Sat, 04 Feb 2012 06:44:39 -0800 -
Bank of America to sell some office spac
The bank has so far identified three office buildings it will sell, in N.Y. and N.C. It also has substantial real estate holdings in Southern California. In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space.
Fri, 03 Feb 2012 17:32:45 -0800 -
Bank of America's Mortgage Head Roll
NEW YORK (TheStreet) -- Bank of America home loans president Barbara Desoer will retire this month, after receiving a lovely parting gift from a federal judge on Thursday. Desoer has worked for Bank of America since 1977 and was most recently charged with the thankless task of "integration of the Home Loans business into Consumer Banking" in the wake of former CEO Ken Lewis's disastrous decision ...
Fri, 03 Feb 2012 12:30:19 -0800 -
Bank of America may sell most of its propertie
Bank of America, the second- largest U.S. lender by assets, may sell all its offices as part of the company?s effort to cut costs, sparing only its headquarters in North Carolina and New York City. ?We are currently reviewing all of our properties across our portfolio, with the exception of Bank of America Corporate Center in Charlotte and Bank of America Tower at One Bryant Park?? in Manhattan ...
Sat, 04 Feb 2012 05:08:07 -0800 -
Bank of America, General Electric See Rare Insider Buyin
NEW YORK (TheStreet) -Bank of America and General Electric have both seen buying by insiders of late, according to Securities and Exchange Commission filings. Bank of America director Susan Bies bought 50,000 shares on Feb. 1 for an average price of $7.39, and Donald Powell, another director, bought 7,000 shares on Jan. 26 for $7.25. General Electric director Alan Lafley bought 10,000 shares of ...
Fri, 03 Feb 2012 09:34:25 -0800 -
Bank of America Introduces Groupon-like Cash Reward
Bank of America Corp. plans to introduce a Groupon-like service to its customers, offering them online discounts based on their previous spending. Customers will receive offers through the bank's website; discounts will be awarded via monthly cash payments.
Sun, 05 Feb 2012 14:30:00 -0800 -
Bank of America's Desoer to retir
Barbara Desoer, president of Bank of America's home loans division and once a CEO candidate, will retire this month, the bank announced Friday.
Fri, 03 Feb 2012 17:39:07 -0800 -
Bank of America Wins Dismissal From Allstate Countrywide Sui
Bank of America Corp. won dismissal from Allstate Corp.?s lawsuit over the insurer?s alleged losses from $700 million in mortgage-backed securities purchased from Countrywide Financial Corp.
Fri, 03 Feb 2012 02:58:51 -0800 -
Bank of America Weighing Sale of All Properties Except Two Main Office
Bank of America Corp. (BAC) , the second- largest U.S. lender by assets, is exploring whether to sell offices outside of its headquarters in North Carolina and New York as it seeks to cut costs.
Fri, 03 Feb 2012 10:22:38 -0800 -