Bank of America News

With 242,000 employees and 48 million consumer and small business customers, it is not surprising that so many people want to stay up-to-date with Bank of America news. That's why Wiser created this specially tailored daily email digest. When measured by assets, Bank of America is the second largest bank holding company in the United States. And with about 12% of all US bank deposits on its books, it is firmly one of the big four banks. It is based in Charlotte in North Carolina and, in its current form, was incorporated in 1998. However, it traces its origins back to 1874. Today the chairman and CEO is Brian Moynihan. The company has come through a lot of change over recent years, from downsizing its American operation to selling off stakes in foreign banks. And, like other major banking institutions, it is often in the regulatory spotlight. In addition, it is adjusting to the technological age as increasing numbers of people choose to bank on computers and mobile devices. Staying current with these developments has never been easier - all you have to do is sign up for the free daily Bank of America news email from Wiser today.

Recent Bank of America News Coverage
 
Your Weekly Recommendations Tuesday, November 21, 2017
 
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JPMorgan might be getting into bitcoin even though Jamie Dimon hates it
businessinsider.com.au • Frank Chaparro
Too-big-to-fail banks keep getting bigger
CNN • Matt Egan
AUD/USD: Hit fresh lows; where to target? - BNPP
ForexLive • Adam Button
In One Chart: Why the hunt for yield is so desperate for bond investors, in 2 charts
MarketWatch • Sunny Oh
JPMorgan reportedly considering bitcoin futures trading for its clients
CNBC
Akola Project to get $200,000 from Bank of America for training and more
Dallas Morning News • Holly Haber
Turkey’s Garanti and Finansbank to close loans this week
GlobalCapital • Bianca Boorer
Nordea’s AT1 record is because of the Popular resolution, not despite it
GlobalCapital • Jasper Cox
California Resources Corporation: Examining Its Share Issuance
Seeking Alpha • Open Square Capital
BofI Holding: The Truth Is In Between
Seeking Alpha • Jeff Vande Hey
 
Recommended for You
Bank of America, Economic Policy
JPMorgan might be getting into bitcoin even though Jamie Dimon hates it
businessinsider.com.auFrank Chaparro
JPMorgan is considering whether or not to help clients tap into a potential market for bitcoin futures, according to The Wall Street Journal. CEO Jamie Dimon has derided the digital currency as a "fraud" and said he'd fire employees for trading bitcoin....
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Bank of America, Credit Cards
Too-big-to-fail banks keep getting bigger
CNNMatt Egan
Many too-big-to-fail banks have grown even larger during the decade since the financial crisis. The 2008 meltdown showed how big banks that get into trouble can hold the entire global economy hostage. Hoping to avoid another round of unpopular bailouts, financial watchdogs...
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Bank of America
AUD/USD: Hit fresh lows; where to target? - BNPP
ForexLiveAdam Button
BNP Paribas on the Australian dollar BNP Paribas FX Strategy Research discusses AUD/USD near-term outlook noticing that the pair has declined to fresh H2 lows around 0.7550. "The Reserve Bank of Australia (RBA) is fully priced for a 25bp hike in Q1...
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Bank of America, Finance
In One Chart: Why the hunt for yield is so desperate for bond investors, in 2 charts
MarketWatchSunny Oh
Everett Collection The lot of a bond fund manager is a tough one. Asset buying by global central banks is blamed for pressing bond yields to historic lows, while leaving prices so lofty that investors stand to gain very little for the...
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Bank of America, Credit Cards
JPMorgan reportedly considering bitcoin futures trading for its clients
CNBC
JPMorgan is looking at allowing its clients to trade bitcoin futures, according to a Wall Street Journal report.
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Bank of America
Akola Project to get $200,000 from Bank of America for training and more
Dallas Morning NewsHolly Haber
Bank of America has awarded Akola Project a coveted spot in its 2018-19 Neighborhood Builders program. The charity will receive $200,000 over two years for local development plus leadership training for founder and CEO Brittany Underwood and one promising manager in the...
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Bank of America, Finance
Turkey’s Garanti and Finansbank to close loans this week
GlobalCapitalBianca Boorer
Turkish financial institutions Garanti Bankasi and Finansbank are expected to sign their refinancing loans this week, according to bankers looking at the deals. Garanti, rated Ba1/BB/BBB-, launched its deal at the beginning of the month, according to a banker looking at the...
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Bank of America
Nordea’s AT1 record is because of the Popular resolution, not despite it
GlobalCapitalJasper Cox
The Banco Popular resolution told investors how regulators and the market will treat additional tier one (AT1) bonds in times of stress. They liked the answer enough to continue buying — right up to giving Nordea a 3.5% coupon. Email to a...
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Bank of America, Mortgages
California Resources Corporation: Examining Its Share Issuance
Seeking AlphaOpen Square Capital
Summary CRC finalizes the 2017 Credit Facility to refinance its 2014 Credit Facility. CRC concurrently announces an Equity Distribution Agreement with Morgan Stanley to potentially sell 6M shares. Equity issuance to potentially acquire unsecured debt reduces interest expense, thereby offsetting increased interest...
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Bank of America, Wells Fargo & Co.
BofI Holding: The Truth Is In Between
Seeking AlphaJeff Vande Hey
Summary BOFI has been a tremendous growth story. BOFI's growth story has stabilized. Opinions on the stock, both positive and negative, have tended toward the extremes over the last 18 months. The truth is somewhere in between. BOFI still presents a solid...
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