Bank of America

dow

Dow Industrials: New Kids on the Stock

NEW YORK |  By The Corner Team |  Alcoa, Hewlett-Packard and Bank of America have been shown the door from Dow Industrials. Goldman Sachs, Nike and Visa are replacing them. It’s the first “three-for-three” change to the blue-chip index in almost a decade.

 

 


las

Make the banks pay for their sins… with taxpayers’ cash?: US latest episode

NEW YORK | These are not the best days for being a banker. Banks lent irresponsibly, they were bailed out with public money, and then started a robo-signing foreclosures campaign. All while tightening the credit to small businesses. Now they are starting to pay their penance –some are taking even more of it than they were supposed to. Bank of America said that it will provide deeper than anticipated principal…


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BofA's political football

NEW YORK | Bank of America’s decision to charge customers $5 a month to use their debit cards starting sometime next year has risen an enormous outrage in the US. The company’s stock price has fallen (as of October 4, earnings estimates had fallen to 19 cents a share from 27 cents on Aug. 1). Customers have complained. The bank’s website has experienced significant problems that some believe might be…


No Picture

BofA’s political football

NEW YORK | Bank of America’s decision to charge customers $5 a month to use their debit cards starting sometime next year has risen an enormous outrage in the US. The company’s stock price has fallen (as of October 4, earnings estimates had fallen to 19 cents a share from 27 cents on Aug. 1). Customers have complained. The bank’s website has experienced significant problems that some believe might be…