bank of america news
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Deposit boxes not as safe as you think
Houston :: TX :: USA | 23 days ago
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In advance of the 2013 hurricane season kicking off this week, many Southwest Florida residents are stashing valuables, heirlooms and important documents in banks' safe deposit boxes. But they might want to reconsider just how safe and protected
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3 Reasons Bank of America and Friends Can Brave a Storm
Bač :: Serbia | 23 days ago
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as an example of a large bank facing the potential for a sudden rise in interest rates. Matt describes an environment in which a jump in interest rates could cause the bank's cost of funds to rise faster than income from assets on the balance sheet.
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Homeowners still underwater as aid runs out
Orlando :: FL :: USA | 24 days ago
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Now in its third year, the Hardest Hit Fund in Florida has served only about 15 percent of the 40,000 homeowners who have applied for help. Once that help runs out after one year or when the homeowners find adequate employment their luck runs out and
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3 Charts That Justify Jamie Dimon's Jobs
Alexandria :: VA :: USA | 24 days ago
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voted for Jamie Dimon to remain in his dual role as chairman and CEO. In spite of the media hoopla leading up to it, the voting shareholders cast their ballots based on Dimon's results, and the outcome speaks for itself. The man, the myth Dimon is a
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A $277 Billion Opportunity for Lenders
Alexandria :: VA :: USA | 24 days ago
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Lawmakers are debating potentially big changes in the way farmers mitigate risk and the government programs that facilitate loans to less qualified borrowers. For the financial institutions that bank these farmers, the bill presents opportunities for
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The Conundrum of a Rising Rate Environment for U.S. Banks
Alexandria :: VA :: USA | 25 days ago
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Banks Banks have become quite adept at protecting margins in today's super low rate environment. But with nowhere for interest rates to go but up, are U.S. banks prepared for the inevitable shift higher? The risks in interest rate spreads Deposits
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Why Bank of America Stumbled Before the Week's Finish Line
Bač :: Serbia | 25 days ago
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Though the first few days of trading were looking up for the bank, some troubling news and speculation killed B of A's chances of gaining more. Though forces outside the bank may be pressuring the share price lower, there is still good news for BAC
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McColl: Smaller banks need more access to talent
Charlotte :: NC :: USA | 25 days ago
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More Information Hugh McColl Jr. says smaller banks are having a tough time attracting skilled employees compared with their bigger peers. The former chairman and CEO of Bank of America hopes to help do something about that. Hes throwing his support
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Exclusive: NY attorney general says more evidence banks violated mortgage pact
Los Angeles :: CA :: USA | 25 days ago
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Topics The logo for Wells Fargo bank is pictured in downtown Los Angeles, California July 17, 2012. New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the
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Bank executives rethink mergers and acquisitions
Upi :: Philippines | 25 days ago
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Federal Reserve has disrupted mid-sized bank mergers, if not derailed them, with a recent regulatory ruling. The Wall Street Journal quoted one bank executive as saying, "I am not buying another bank for as long as I can see." The unnamed official
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