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Hindsight is 20/20, especially when it comes to missed trading opportunities. But when the government has the trade of the century at its fingertips and fails to take advantage of it, someone has to play the Monday morning quarterback. ...more
October 31, 2009
In his latest move to show support for his bank, Bank of America Corp. Chief Executive Ken Lewis spent almost a million dollars this week to buy additional shares of his struggling bank. ...more
February 7, 2009
Bank of America Corp. said Wednesday that it is selling nearly half its corporate aircraft as it acts to scale back costs. ...more
February 5, 2009
Thain Resigns From Bank Of America NEW YORK (AP) - Wall Street bonuses, a sore point as the government gives billions of dollars in bailout money to the financial industry, have apparently cost former Merrill Lynch & Co. CEO John Thain his new job at Bank of America Corp. ...more
January 25, 2009
Wall Street bonuses apparently have cost former Merrill Lynch & Co. Chief Executive John Thain his new job at Bank of America Corp. ...more
January 24, 2009
For the hundreds of camera-toting tourists who visit Wall Street every day, the New York Stock Exchange presents an imposing sight. ...more
December 20, 2008
Bank of America Cutting 35,000 Bank of America said it will eliminate 35,000 jobs over the next three years because of the poor economy and duplications created through its merger with financial services company Merrill Lynch & Co. Inc. ...more
December 12, 2008
When shareholders vote on Bank of America Corp.'s acquisition of Merrill Lynch & Co. today, they are expected to transform the bank into a business befitting its name and change the face of Wall Street. ...more
December 5, 2008
Morgan Stanley got a much-needed cash infusion on Monday, raising $9 billion by selling preferred shares to the Japanese bank Mitsubishi UFJ Financial Group Inc. ...more
October 14, 2008
American International Group said Friday it plans to sell a number of business units to pay off its massive government loan. ...more
October 4, 2008
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