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Bank of America Corp

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  • WASHINGTON, July 6- The largest Wall Street banks on Monday published detailed manuals of how to shut down their business during a crisis without the help of taxpayer money, a crucial step to prevent being broken up by regulators. "Our would effectively resolve the firm within a reasonable timeframe, without systemic disruption, without extraordinary...

  • Foreign exchange trading in Brazil is estimated at about $3 trillion a year, excluding swaps and derivative transactions. The banks named in the Cade probe are Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, Barclays Plc, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, HSBC Holdings Plc, JPMorgan Chase& Co, Morgan Stanley& Co, Nomura Holdings Inc,...

  • July 1- Parkway Properties Inc, a real estate investment trust, was in the early stages of exploring strategic alternatives, including a sale, Bloomberg reported. The company was valued at $1.95 billion as of Wednesday, according to Thomson Reuters data. Parkway Properties was working with Bank of America Corp's Merrill Lynch and Wells Fargo& Co, Bloomberg said,...

  • NEW YORK, July 1- A U.S. judge has refused to dismiss Allied Irish Banks Plc's lawsuit accusing Citigroup Inc of helping rogue currency trader John Rusnak rack up a $691 million loss. District Judge Deborah Batts in Manhattan said government-controlled AIB may pursue a variety of fraud claims against Citigroup in its lawsuit seeking $500 million of...

  • Environmentally friendly green bonds' growth spurt pauses Wednesday, 1 Jul 2015 | 10:45 AM ET

    NEW YORK, July 1- Issuance of green bonds for financing low-carbon transport and other environmentally friendly projects has flattened after tripling last year, with some companies seeing little price advantage and possibly higher costs from selling the debt. Deals for green bonds, including the first by issuers in India, totaled $18.22 billion in the six...

  • July 1- Medical device supplier Patterson Companies Inc said it would sell its business that makes products that assist in a patient's recovery to private equity firm Madison Dearborn Partners for $715 million. Reuters reported in April that the company had hired Bank of America to help sell the business in a deal that could fetch $500 million to $600 million.

  • GE to sell European private equity financing unit Tuesday, 30 Jun 2015 | 10:00 AM ET
    GE General Electric

    General Electric said it would sell its European private equity financing business to a unit of Japan's Sumitomo Mitsui Banking Corp.

  • NEW YORK/ LONDON, June 29- Mergers and acquisitions worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share. These include Royal Dutch Shell Plc's $70 billion acquisition of British rival BG Group Plc, cable...

  • *Euro STOXX 50 index- biggest one-day fall since 2011. June 29- U.S. stocks extended their losses in heavy trading on Monday, adding to a global selloff, after a collapse in Greek bailout talks intensified fears that the country could be the first to exit the euro zone. In Europe, the blue-chip Euro STOXX 50 index suffered its biggest one-day fall since 2011..

  • China trumps West in global bank ratings Monday, 29 Jun 2015 | 9:25 AM ET
    White-collars walk to their lunch break in Pudong business district in Shanghai, China.

    Western banking giants are losing ground to China, as the world's second-biggest economy vies to establish its economic influence.

  • LONDON, June 29- China's banks are strengthening their position as the best capitalised and biggest profit makers in the world, a study showed on Monday. Industrial and Commercial Bank of China's $59.1 billion profit last year topped the rankings, ahead of China Construction Bank, Agricultral Bank of China and Bank of China. U.S. bank Wells Fargo ranked fifth with...

  • Your first trade for Monday Friday, 26 Jun 2015 | 6:32 PM ET

    The "Fast Money" traders give their final trades of the day.

  • AMSTERDAM, June 26- ABN Amro will help lead manage its own initial public offering, the Dutch government agency tasked with overseeing the deal said on Friday. ABN Amro's fee will be no more than the lowest fee agreed with another bank performing the same job, it said. It granted ABN Amro the right to appoint one of the investment banks that will help lead the offering.

  • Where value investor Bill Nygren sees opportunity Thursday, 25 Jun 2015 | 5:59 PM ET
    Bill Nygren

    Noted value investor Bill Nygren sees an "unusually large" opportunity in Europe, as well as certain U.S. names.

  • Supreme Court upholds key tool for fighting housing bias Thursday, 25 Jun 2015 | 10:10 AM ET

    In upholding the tactic, the Supreme Court preserved a legal strategy that has been used for more than 40 years to attack discrimination in zoning laws, occupancy rules, mortgage lending practices and insurance underwriting. Every federal appeals court to consider it has upheld the practice, though the Supreme Court had never previously ruled.

  • Banks scaling down discounts for Russell rebalancing Thursday, 25 Jun 2015 | 8:19 AM ET
    Pedestrians pass in front of a Wall Street sign in New York.

    With the annual rebalance of the Russell stock indexes just a day away, brokerage firms are shaving the discounts they typically offer.

  • On Friday, Russell will announce the names of some 128 companies that it is adding to its widely-followed Russell 2000 index of small companies. And that's when the big index fund providers- including Vanguard Group, Dimensional Fund Advisors and BlackRock Inc- must adjust their portfolios by buying the new stocks and selling the old. As recently as three years...

  • Most millionaire business owners dropping this ball Tuesday, 23 Jun 2015 | 11:56 AM ET
    Concerned businessman

    Nearly two-thirds of business owners do not have a succession plan, which could include either a sale or transfer of the company.

  • After 2 years of misery, Ma Bell breaking out Tuesday, 23 Jun 2015 | 11:23 AM ET
    An AT&T store in New York.

    Wall Street is starting to love shares of AT&T. Here's why.

  • Asia renewable bond market set for takeoff: ADB Monday, 22 Jun 2015 | 9:34 PM ET
    Cows graze in front of wind turbines at the Bharat Light & Power Amberi wind farms in Rewalkawadi, Maharashtra, India.

    Renewable energy bond issuance is set to take off in Asia as new regulations push banks to step back from extending loans to projects, the ADB said.