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7 Feb 2007, 11:39 am
Bank of America’s investment banking arm has hired a former dealmaker from Sprint Nextel as its global head of telecom mergers and acquisitions. [read post]
4 May 2009, 5:04 am
Still, he said he would expand his company's stakes in three big banks. [read post]
13 Aug 2007, 5:47 am
Deutsche Bank said it had hired Alan Greenspan, the former chairman of the United States Federal Reserve, as a consultant to provide “advice and insight'’ to the company’s corporate and investment banking unit and its clients. [read post]
12 Oct 2020, 2:30 pm
When the COVID-19 pandemic shut down nonessential businesses and left millions out of work in March, businesses needed their banks’ resources more than ever to apply for ... [read post]
26 Feb 2008, 4:21 am
Amid the dark days of multibillion dollar write-downs, trading scandals and congressional inquiries, one group of banks have a $17 billion bright spot on their horizon. [read post]
22 Jan 2009, 9:18 am
Thain, the former chief executive of Merrill Lynch, resigned from Bank of America on Thursday after the bank suffered unexpected losses stemming from its acquisition of the giant brokerage, The New York Times's Julie Creswell reports. [read post]
29 Sep 2008, 5:30 pm
Consolidation of the banking industry continues. [read post]
3 Nov 2014, 4:00 am
Maggi Gaines has been named senior vice president of philanthropy of the Maryland Food Bank. [read post]
17 Sep 2008, 2:14 pm
Russia's primary stock indexes, MICEX and RTS, plummeted, with banking stocks leading the way, prompting regulators to halt trading as of noon. [read post]
17 Nov 2011, 3:43 am
Saying market forces don't work with the biggest global banks at their current sizes, the former International Monetary Fund chief economist Simon Johnson argues on the Economix blog that too-big-to-fail banks should be downsized to manageable proportions so that a collapse can no longer threaten the global financial system. [read post]
24 Mar 2012, 11:16 am
From the BOA Press Release: Beginning this week in targeted hard-hit markets, Bank [...] [read post]
9 Aug 2011, 6:14 pm
Cochrane Washington State’s Attorney General filed suit against Bank of America last week, in regards to foreclosure-document problems. [read post]
22 May 2008, 4:01 am
Allianz is in talks that might lead to a sale or merger of its Dresdner Bank unit and sees the “first apparently realistic possibility of a significant consolidation” in Germany’s banking market. [read post]
9 Apr 2011, 10:48 am
We all know that Bank of America is the slowest, laziest bank when it comes to loan modification. [read post]
15 Feb 2009, 11:29 am
Now Stanford International Bank? [read post]
6 Mar 2009, 10:43 am
Volcker, the former Federal Reserve chairman, said Friday that commercial banks should be separated from investment banks to avoid another financial crisis. [read post]
1 Feb 2024, 7:24 pm
Via LLRX – AI in Banking and Finance, January 31, 2024 – This semi-monthly column by Sabrina I. [read post]
15 Jul 2024, 8:00 pm
Six highlights from this post: We need bold minds to challenge AI, not lazy prompt writers, bank CIO says; Managing AI in banking: are we ready to cooperate? [read post]
15 Aug 2023, 8:00 pm
Five highlights from this week: AI in the financial industry: Machine learning in banking; Machine Learning Boosts Profits – Banking Giant’s Deep Dive; Banks embracing the AI future need to pay attention to its risks; and the S.E.C. [read post]
31 Jul 2024, 8:39 pm
Via LLRX – AI in Finance and Banking, July 31, 2024 – This semi-monthly column by Sabrina I. [read post]
