Your Search Returned 336 tagged news reports
Bank of America Corp., the largest U.S. bank by assets and deposits, on Monday said it has modified loan terms for more than 160,000 borrowers in a U.S. program as the government presses lenders to curb foreclosures. The number of borrowers in trials...
Tags: Bank of America, U.S, Treasury Department, Charlotte, Mortgage, Primary dealers, Business Finance, Subprime mortgage crisis, Banking, Fannie Mae, Troubled Asset Relief Program, Bank of America Home Loans
The office of New York’s attorney general, Andrew M. Cuomo , has contacted several of the bank’s lawyers in the last two weeks with concerns about testimony given last month by Greg Curl, the bank’s chief risk officer. The issue emerged just as the bank’s...
Tags: Mr. Curl, Merrill, Mr. Cuomo, Bank of America, Wachtell, New York City, Bailout, Citigroup, Primary dealers, Business Finance, Andrew Cuomo, Curl
President Obama is looking to use bailout money that banks are returning to the government to help tackle two of the nation's biggest problems -- unemployment and the budget deficit. As he prepared to unveil job creation ideas in a major economic speech...
Tags: Barack Obama, Mr. Obama, Treasury Department, Germany, Tarp, Politics, Troubled Asset Relief Program, Business Finance, Banking in the United States, United States Department of the Treasury, Bailout, Public finance, economics, Bank of America, Citigroup, Primary dealers, United States federal budget, Fiscal policy, GMAC, Unemployment benefits, Deficit, Effects of the 2008-2009 automotive industry crisis on the United States, 111th United States Congress, Oversight of the Troubled Asset Relief Program, Social Issues, Presidency of Barack Obama, American Recovery and Reinvestment Act, Labor, Climate crisis, United States federal banking legislation
Neel Kashkari, the 35-year-old banker picked by Hank Paulson, then Treasury Secretary, to design the Tarp, described how one colleague screamed in panic over the imploding financial system, while another almost died of heart problems because he worked...
Tags: Mr Kashkari, Mr Paulson, American, US Treasury, Bank of America, treasury secretary, The Washington Post, Congressional, Los Angeles, Goldman Sachs, Bailout, Henry Paulson, Banking in the United States, Primary dealers, Politics, Business Finance, economics, Troubled Asset Relief Program, Neel Kashkari
The sale includes $US1.5 billion of three-year notes expected to yield 19 basis points over midswaps and $US1.5 billion of three-year floating-rate notes and is expected to have a coupon rate of 19 basis points over the three-month London Interbank Offered...
Tags: Australia, Sydney, London Interbank Offered Rate, Bank of America, Primary dealers, Merrill Lynch, Business Finance
There are three areas of the market that I've been scouring for undervalued stocks recently: banks, oil, and small caps...Here's my rationale for each (as well as some specific stock ideas). Banks The banking sector may be the most complex, opaque market...
Tags: small caps, alternative energy, cash flow, Alexandria, Bank of America, Business Finance, P/E ratio, Corporate finance, Stock market, ExxonMobil, Corporate scandals, Stock, Free cash flow
Shares of the following companies are having unusual moves in U.S. trading this morning. Credit card companies American Express Co., Capital One Financial Corp. and Discover Financial Services were raised to "neutral" from "underperform" at Bank of America...
Tags: U.S. Appeals Court, intraday price, highest intraday, JA Solar Holdings Co., AMD, Continental Airlines Inc., percent earlier, Blyth Inc., Serbia, Goldman Sachs, Bank of America, Primary dealers, S&P 500, Business Finance, Advanced Micro Devices, Semiconductor companies, Intel Corporation
Detroit-based automobile parts supplier American Axle & Manufacturing Holdings, Inc. ( AXL ) said Monday it plans to raise up to $108 million through a public offering of common stock. The company began an offering of 14 million shares of common stock,...
Tags: common stock, New York, Business Finance, American Axle, Bank of America, Primary dealers, Merrill Lynch, Corporate finance, Stock market, Akamai Technologies, Stock, Initial public offering
Executives at two of the nation's largest banks say they are struggling to get homeowners to complete the necessary paperwork for the Obama administration's mortgage relief plan, and only a fraction of homeowners have finished the process. A Bank of America...
Tags: mortgage relief, Bank of America Corp, Calabasas, Business Finance, Real property law, Banking, Loss mitigation, Mortgage, Bank of America, Mortgage modification, Lehman Brothers, Merrill Lynch, Politics, Real estate, Subprime mortgage crisis, JPMorgan Chase, Bailout, Personal finance, Primary dealers, Subprime mortgage crisis solutions debate, Valuation, Ken Lewis (executive), economics, MERS, Loan modification in the United States
Monday, December 07, 2009 Can't pay?...Here's a 4-step plan CreditCards.com Reached the end of your rope with credit card debt? It appears that card issuers have, too, as reports of cardholders being able to negotiate down their debt are on the rise.
Tags: credit card, Bank of America, San Francisco, Finance, Personal finance, Credit, Bank, Debt, Credit counseling, Credit bureau