Millennials are out of touch with their financial reality, according to a survey, and most still rely on 'Bank of Mom and Dad.'» Read More
Paramount owns prestigious properties such as San Francisco's One Market Plaza building and New York's 1633 Broadway. Paramount owns about 10.4 million square feet of office properties that generated an annualized rent of about $576 million, as of Sept. 30. Paramount plans to become a real estate investment trust after the offering.
Bank of America Corp. rose$. 05 or. 3 percent, to $17.14. Citigroup Inc. rose$. 24 or. 4 percent, to $53.81. Goldman Sachs fell$. 29 or. 2 percent, to $189.64.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Baker Hughes Inc. fell 2.6 percent to $63.55 with 25,819,700 shares traded. Bank of America Corp. rose. 3 percent to $17.14 with 38,549,700 shares traded.
Bank of America Corp. rose$. 09 or. 5 percent, to $17.18. Citigroup Inc. rose$. 37 or. 7 percent, to $53.94. JPMorgan Chase rose$. 37 or. 6 percent, to $60.75.
LONDON, Nov 18- British lawmakers will quiz top bankers in the wake of last week's $4.3 billion deal with regulators to settle allegations of collusion and manipulation in the foreign exchange market, a source familiar with the matter said on Tuesday. The TSC, charged with overseeing finance, had been expected to publicly question bankers and regulators after...
The Justice Department is considering a civil suit against Countrywide Financial's Angelo Mozilo, reports the New York Times.
Bank of America Corp. rose$. 01 or. 1 percent, to $17.10. Citigroup Inc. rose$. 39 or. 7 percent, to $53.96. Goldman Sachs rose$. 28 or. 1 percent, to $190.21.
Some of the names on the move ahead of the open.
Among the companies targeted in letters sent by Senator Elizabeth Warren, a member of the Senate Banking Committee, and Representative Elijah Cummings, the top Democrat on the House Oversight and Government Reform Committee, were banks, investment firms and other financial service providers. In letters to two of the 16 companies, Citigroup and U.S. Bank,...
Bank of America Corp. fell$. 05 or. 3 percent, to $17.09. Citigroup Inc. rose$. 19 or. 4 percent, to $53.57. Goldman Sachs fell$. 05 or percent, to $189.93.
The yen recovered from seven-year lows against the dollar but remained under pressure after data showing Japan's economy slipping into recession.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Baker Hughes Inc. rose 8.9 percent to $65.23 with 52,847,300 shares traded. Bank of America Corp. fell. 3 percent to $17.09 with 41,213,800 shares traded.
Bank of America Corp. fell$. 07 or. 4 percent, to $17.07. JPMorgan Chase rose$. 07 or. 1 percent, to $60.35. US Bank rose$. 07 or. 2 percent, to $43.80.
WASHINGTON, Nov 17- The U.S. Supreme Court agreed on Monday to hear two cases brought by Bank of America Corp questioning whether a second mortgage on an "underwater" house- one with a mortgage balance exceeding its current value- can be voided during bankruptcy. Bank of America, which is the second mortgage holder in both cases, said in court papers that the approach...
Bank of America Corp. fell$. 08 or. 4 percent, to $17.07. Citigroup Inc. fell$. 19 or. 4 percent, to $53.19. Goldman Sachs rose$. 57 or. 3 percent, to $190.55.
The justices will consider two appeals from Bank of America, which asserts that bankrupt homeowners should not be able to "strip off" a second loan even if they are underwater on primary loans. Both cases involve Florida homeowners who were allowed to nullify second loans held by Bank of America. The Atlanta- based 11th U.S. Circuit Court of Appeals affirmed both...
WASHINGTON, Nov 17- The Federal Reserve said it is hosting a meeting on Monday with banks and regulators to discuss the development of a reference rate alternative to LIBOR, the London interbank rate that was at the center of a global rigging scandal. Expected participants in the discussion include Bank of America, Goldman Sachs, HSBC and central bank officials...
Halliburton on Monday agreed to buy Baker Hughes in a cash and stock deal valued at $34.6 billion.
LONDON, Nov 17- An international settlement over allegations of manipulation in the foreign exchange market shows reform of Britain's banking system is still badly needed and must not be diluted, a group of British lawmakers said on Monday. Regulators last week imposed fines totalling $4.3 billion on HSBC Holdings Plc, Royal Bank of Scotland Group Plc,...
Bank of America Corp. fell$. 08 or. 5 percent, to $17.14. Citigroup Inc. fell$. 06 or. 1 percent, to $53.38. Goldman Sachs fell$. 26 or. 1 percent, to $189.98.