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BAC
Bank of America Corporation

5/22/2012, 9:49 PM ET
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BAC Market Currents more »
  • Monday 12:24 PM The FDIC sues JPM, C, BAC, and DB in New York, acting as receiver for Strategic Capital Bank which claims $11M in losses in MBS-related losses. [Financials]
  • Monday 8:10 AM JMP Securities cuts the TBTF banks due to the European crisis, with analyst David Trone's base case scenario (60% chance) seeing a Greek exit, but no contagion. He sees just a 10% chance Greece stays in the EMU. That leaves 30% for exit, but with contagion. [Financials]
  • Thursday 3:31 AM Royal Bank of Canada (RY) and Credit Suisse (CS) are said to be among the suitors who have made initial bids to buy BofA's (BAC) non-U.S. wealth management business. The unit, which could bring in ~$2B in a sale, is being auctioned off because BofA reportedly considers it too small to produce meaningful profits. [Financials, M&A]
BAC Instablog posts more »
  • I Sold Everything Today And I’m Now 100% Cash. The Reasons For This....
    Tue, May 22 Garfield23 Comment!
  • Which One Is Safest In The Big Four Banks
    Mon, May 21 Weiren Ji Comment!
  • Facebook – Which Forex Firms Use It Best?
    Mon, May 21 gersegal Comment!
  • Trefis: Review Week Ending 18 May 2012
    Mon, May 21 John Lounsbury Comment!
  • Dec 26th Article: Buy The Right Stock At Right Price.
    Thu, May 17 freefdawatchlist Comment!
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Company Description

Bank of America Corporation (together, with its consolidated subsidiaries, Bank of America, the Corporation, our company, we or us) is a Delaware corporation, a bank holding company and a financial holding company under the Gramm-Leach-Bliley Act. Our principal executive offices are located in... More