Wednesday, May 23, 2012 10:17 AM SAST

Bank of America

Bank of America Corporation (NYSE: BAC) is a financial services company, the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization. Bank of America serves clients in more than 150 countries and has a relationship with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. The company is a component of the Dow Jones Industrial Average (DJIA) and a member of the Federal Deposit Insurance Corporation (FDIC). Read More

Articles About Bank of America

Regulators, investors turn up heat over Facebook IPO

By Reuters

Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. (7:00 am)

MORE TOPICS: MICROSOFT, SEC, GOLDMAN SACHS, JPMORGAN CHASE, MERRILL LYNCH, MORGAN STANLEY

Greece crisis
Global Markets Overview - 05/23/2012

By IBTimes AU

U.S. stocks erased gains from a day spent mostly in positive territory to close flat Tuesday, as worries resurfaced in late trading about potential European instability. (1:17 am)

MORE TOPICS: GOLDMAN SACHS, FTSE, HANG SENG INDEX, JAPAN, GOLD, COPPER, CHINA, GOLD, DOW JONES, CITIGROUP, BNP PARIBAS

Wells Fargo highlights risk management

By Reuters

Wells Fargo & Co <WFC.N> doesn't employ the same kind of hedging strategy that has triggered a trading loss of at least $2 billion at rival JPMorgan Chase & Co <JPM.N>, the bank's chief risk officer said on Tuesday. (1:00 am)

MORE TOPICS: JPMORGAN CHASE, WACHOVIA, WELLS FARGO, NEW YORK, MANAGEMENT, MORTGAGE

Shares falter on Europe concerns; euro dips

By Reuters UK

U.S. equities faltered minutes before the close on Tuesday and the euro fell as hopes European leaders will tackle the region's debt crisis ebbed, fanning doubts that much would come of a meeting just a day away. (11:07 pm)

MORE TOPICS: GOLD, DOW JONES, CITIGROUP, BNP PARIBAS, JPMORGAN CHASE, WELLS FARGO

Wells Fargo increases return targets

By Reuters

Wells Fargo & Co <WFC.N> on Tuesday increased its goals for returns on assets and shareholder payouts while executives pledged to carefully manage risk throughout the company's sweeping operations. (10:00 pm)

MORE TOPICS: FEDERAL RESERVE, JPMORGAN CHASE, WACHOVIA, WELLS FARGO, NEW YORK, INVESTMENT

Shares gain on Europe optimism; euro dips

By Reuters UK

World equity markets rose for a second consecutive day on Tuesday on hopes European leaders will tackle the region's debt crisis, but the euro fell on doubts that much would come of a meeting just a day away. (9:28 pm)

MORE TOPICS: GOLD, DOW JONES, CITIGROUP, BNP PARIBAS, JPMORGAN CHASE, WELLS FARGO

Wall Street ticks higher, Facebook falls again

By Reuters

Stocks advanced on Tuesday, led by financial shares after a strong read on existing home sales encouraged buying in sectors tied to economic growth. (9:21 pm)

MORE TOPICS: DOW JONES, MORGAN STANLEY, NASDAQ OMX GROUP, EXISTING HOME SALES, FACEBOOK, NEW JERSEY

Shares rise on European talks hope; euro dips

By Reuters UK

World shares gained for a second consecutive day on Tuesday on hopes European leaders will tackle the region's debt crisis, but the euro fell on doubts that much would come of a meeting just a day away. (8:14 pm)

MORE TOPICS: DOW JONES, CITIGROUP, BNP PARIBAS, JPMORGAN CHASE, WELLS FARGO, FTSE

Wall Street gains on housing but rally ebbs

By Reuters

Financial and housing shares nudged Wall Street higher on Tuesday after U.S. existing home sales rose in April to their highest rate in nearly two years, but gains were capped by investors' concerns about the global economic outlook. (6:49 pm)

MORE TOPICS: GOLD, DOW JONES, MORGAN STANLEY, NASDAQ OMX GROUP, EXISTING HOME SALES, CRUDE OIL

Wall Street up on banks, housing data

By Reuters

Stocks rose on Tuesday, led by financial and housing shares, after home resales rose in April to their highest annual rate in nearly two years in another sign that the housing market may be on the road to recovery. (4:49 pm)

MORE TOPICS: DOW JONES, SOCIAL NETWORKS, FACEBOOK, JAPAN, AMERICAN EXPRESS, FORECLOSURES