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Bank of America Corporation

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British Airways is tumbling despite hopes for Iberia deal

05.11.09
Is the board of British Airways about to buy a one-way ticket to Madrid? That was the story doing the rounds in the Square Mile this morning amid claims that the proposed merger with Spanish carrier Iberia could be completed by the second quarter of next year ... more

British Airways is tumbling despite Iberia deal hopes

05.11.09
Is the board of British Airways about to buy a one-way ticket to Madrid? That was the story doing the rounds in the Square Mile this morning amid claims that the proposed merger with Spanish carrier Iberia could be completed by the second quarter of next year ... more

Christmas ads rise has ITV celebrating early

05.11.09
ITV today cheered the City with forecasts of a strong upturn in advertising in the run up to Christmas as it emerged that corporate finance heavy hitter Bob Wigley is front runner to become the broadcaster’s next chairman ... more

Merrill saviour BoA’s losses far worse than forecast

16.10.09
Bank of America, the biggest lender in the US, lost $2.2 billion (£1.35 billion) in the third quarter — more than Wall Street had been expecting ... more

Mega-bonus returns as banks return to profit

12.10.09
Bankers’ bonuses will be back under focus this week as Goldman Sachs, Citigroup, JP Morgan and Bank of America Merrill Lynch are all set to report a sharp recovery in third-quarter earnings ... more

Bank of America chief may be forced out this week

05.10.09
Bank of America could have a new leader before the week is out ... more

BoA is to face court over bonuses for Merrill Lynch

22.09.09
Bank of America is facing court over billions of dollars in bonuses paid at Merrill Lynch which it bought in a hastily arranged deal a year ago at the height of the financial crisis ... more

US bank to pay back federal bailout aid

01.09.09
Bank of America, the owner of troubled investment bank Merrill Lynch, is looking to pay back some of the billions of dollars in federal bailout aid it has received in an effort to get out from underneath the US Government’s thumb, reports said ... more

US bank duo post profits but the worries persist

17.07.09
Two of America's most troubled banks gave evidence that the financial crisis is far from over... more

Earnings down at Bank of America

17.07.09
Bank of America posted a lower quarterly profit, as core results were hurt by a surge in troubled loans as more credit card and mortgage customers fell behind on payments ... more

Builders win backing

01.07.09
There is still no sign that the slump in the housing market has hit rock bottom. In fact, some property experts are predicting prices will continue falling throughout the remainder of this year, by as much as another 10% to 20% ... more

Citigroup predicts profit cut at Bank of America

25.06.09
Citigroup slashed its profit forecast for rival Bank of America as it predicted much greater than expected losses on toxic assets... more

Private jets still used by shamed bankers

19.06.09
Some of Wall Street's top bankers continued to use corporate jets for personal purposes even after their firms received multi-billion-dollar bailouts from the US taxpayer... more

RBS among victims of broker coup on Wall St

11.06.09
Royal Bank of Scotland, JPMorgan and Bank of America are among Wall Street banks who are reported to have been outwitted by a small broking firm in the subprime mortgage market... more

Water stirred by dividend jitters

26.05.09
There was no shortage of water in London’s streets today but that was not the reason Bank of America Merrill Lynch cut its rating on two of the four biggest suppliers of the wet stuff, Pennon and Northumbrian, from neutral to underperform before next month’s dividend reporting season... more

BoA tries to pass stress test with China bank stake sale

12.05.09
Bank of America has raised $7.3 billion (£4.8 billion) by selling a 6% stake in China Construction Bank as it struggles to raise the $34 billion which US regulators say it needs to pass their stress tests ... more

Bank of America’s chief in £23 billion blow

06.05.09
The future of Bank of America chief executive Ken Lewis was in doubt after it emerged the bank could need as much as $34 billion (£23 billion) in additional funds to survive ... more

Stress tests find 10 US banks need more funds

05.05.09
The Obama Administration was poised to order about 10 US banks to raise new capital following government stress tests ... more

British banks hit by fears of another Wall Street bailout

28.04.09
Fresh fears shook British banks after US giants Citigroup and Bank of America said they may have to raise billions of dollars more to safeguard their future... more

Ruling soon in row over Merrill bonuses

16.03.09
A US judge will rule this week on the legality and confidentiality of £2.5 billion of bonuses paid to about 200 executives at Merrill Lynch just days before it was rescued by Bank of America... more

The guillotine hasn't arrived here - yet

16.03.09
These days it's not just financial journalists who follow the movements of financiers. So, too, do the entertainment channels and press... more

£250bn bill to save US banks

16.01.09
The US government has launched a $373 billion (£250billion) bail-out package to save just two stricken banks... more

Two ailing US banks may be nationalised

15.01.09
Banking Wall Street banking shares crashed, increasing speculation that the US government will be forced to take at least one of them into public ownership... more

UK job fears deepen with 3000 more hit

13.01.09
Economy: Britain has been hit by another 3000 job cuts. Merrill Lynch and its new owner Bank of America is axing 1900 jobs in London, while the Sheffield-based roofing materials group SIG shed 1000... more

City jobs on line as Bank of America takes axe to 35,000

12.12.08
Hundreds more London bankers face the axe after Bank of America flagged swingeing job cuts around the world... more

The wipeout weekend

15.09.08
How the drama unfolded...... more

BoA swoops for Merrill in £28bn deal

15.09.08
Credit crunch: Bank of America’s $50 billion (£28 billion) early-morning takeover of Wall Street investment bank Merrill Lynch creates the world’s biggest financial services group... more

US lenders are sued for 'fraud'

24.07.08
Authorities in San Diego in southern California are looking to make their city a mortgage "foreclosure sanctuary", and are suing home lenders Bank of America and its recent acquisition Countrywide to help carry out the plan... more

Bank of America profits dive 41%

21.07.08
Bank of America's profits falls 41% as the credit crisis bites heavily into its bottom line... more

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