First Bank named David Austin as Florida regional president, responsible for corporate relationship management.
Bank of America Corp. said Monday its profit fell 41 percent in the second quarter, hurt by a big increase in bad debts tied to falling home prices and a slowing economy.
Bid-rigging and other alleged fraud by investment banks and insurance companies allegedly cost Los Angeles taxpayers tens of millions of dollars, according to a pair of lawsuits filed Wednesday by L.A. City ...
The dramatic collapse of energy trader SemGroup LP shocked the privately held firm's backers who until last week had little idea of the extent of the oil trading losses that sank it, sources said this week.
The latest Wall Street cesspool is the short-selling arena, where greedy hedge funds, beleaguered investment and commercial banks and an incompetent regulator--the Securities and Exchange Commission--have made ...
Rebecca Engmann Darst contributed to this report. Citigroup A fresh triple-digit decline for the Dow Jones Industrial Index followed pained existing home sales data that has the market still grappling in the ...
In the last few days there has been a pair of ridiculous lawsuits that are no doubt a waste of time and money for all involved.
After ten losing weeks since early May, the Financials +10.2% W/W) reversed the pattern last week.
It was only a couple of weeks ago that the markets had fallen into bear market territory, defined as a fall of more than 20%. But the major indexes have come back off of their recent lows; the S&P 500 finished ...
American Express just reported second quarter results, and for the most part they were everywhere investors don't want to be.
SAN DIEGO - San Diego City Attorney Michael Aguirre said on Wednesday he had filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in ...
Posted Jul 18th 2008 10:20AM by Paul Foster Filed under: Bank of America , Options Bank of America closed at $26.50 Thursday.
Can the bad news for banks get any worse? After the last week brought another round of woeful quarterly results from the industry, capped by news on Tuesday of multibillion-dollar losses at the Wachovia ...
SBA: Financing Your Business SBA provides a number of financial assistance programs for small businesses including 7 , 504, and disaster assistance loans .
The Financial Times reports that Bank of America posted a decent set of second-quarter earnings Monday.
Wachovia Corp. reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big banks are weathering the credit crisis well.
The dollar eased against the euro and yen Monday, with market observers saying investors were waiting for quarterly corporate results coming out over the next few weeks.
GuruFocus Home >> News Home >> Weekly Guru Bargains Highlights: Whole Foods Market Inc., CBS Corp., AutoNation Inc., Bank of America Corp., Allied Irish Banks P.L.C. July-21-2008 Weekly Guru Bargains ...
Bank of America Corporation July 21, 2008 9:30 am ET Executives Kevin Stitt - " IR Kenneth Lewis - " President & CEO Joe Price - CFO Analysts Meredith Whitney - " Oppenheimer Mike Mayo - Deutsche Bank Matthew ...