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Bank of America Corp

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  • NEW YORK, April 22- Financial companies are among the standouts of the first-quarter earnings reporting season, but their dazzling profit growth has failed to impress investors, who are finding reasons for caution behind the headline numbers. Both Morgan Stanley and Goldman Sachs blew through expectations, with respective profit growth of 59 percent and 48...

  • This credit card issuer named best for small biz Wednesday, 22 Apr 2015 | 10:38 AM ET
    small business credit card

    Every major credit card company uses personal credit data to determine whether a business is eligible for a credit card, a CardHub study finds.

  • Early Glance: Banks companies Wednesday, 22 Apr 2015 | 10:25 AM ET

    Bank of America Corp. rose$. 06 or. 4 percent, to $15.56. Citigroup Inc. rose$. 13 or. 2 percent, to $52.61. Morgan Stanley rose$. 07 or. 2 percent, to $36.82.

  • UK watchdog fines BAML $20 million for reporting failures Wednesday, 22 Apr 2015 | 6:18 AM ET

    The UK's markets regulator has fined Bank of America Merrill Lynch a record $20 million for failing to report transactions properly.

  • LONDON, April 22- Britain's markets regulator has fined Bank of America Merrill Lynch a record 13.2 million pounds for failing to report transactions properly over seven years. The Financial Conduct Authority said on Wednesday that Bank of America's Merrill Lynch International arm incorrectly reported 35 million transactions and failed to report...

  • Final Glance: Banks companies Tuesday, 21 Apr 2015 | 6:03 PM ET

    Bank of America Corp. fell$. 07 or. 4 percent, to $15.50. Citigroup Inc. fell$. 72 or 1.4 percent, to $52.48. Goldman Sachs fell $1.26 or. 6 percent, to $196.84.

  • WICHITA, Kan.— A former bank president and two of his customers allegedly conspired to launder drug money in Kansas for Mexican cartels, while two former employees of the small southwest Kansas bank failed to report the suspicious financial transactions, according to charges unsealed Tuesday. The 37- count indictment is part of a larger national...

  • Midday Glance: Banks companies Tuesday, 21 Apr 2015 | 1:45 PM ET

    Bank of America Corp. fell$. 03 or. 2 percent, to $15.54. Citigroup Inc. fell$. 57 or 1.1 percent, to $52.64. Goldman Sachs fell$. 11 or. 1 percent, to $197.99.

  • Most active New York Stock Exchange-traded stocks Tuesday, 21 Apr 2015 | 1:45 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 5 percent to $32.66 with 19,370,500 shares traded. Bank of America Corp. fell. 4 percent to $15.50 with 63,134,000 shares traded.

  • Where do millennials get $? Bank of mom and dad Tuesday, 21 Apr 2015 | 11:39 AM ET
    Millennial with parent

    Millennials face more difficulty achieving financial goals than previous generations, reports USA Today.

  • Early Glance: Banks companies Tuesday, 21 Apr 2015 | 10:51 AM ET

    Bank of America Corp. rose$. 04 or. 3 percent, to $15.61. Citigroup Inc. fell$. 12 or. 2 percent, to $53.08. Goldman Sachs rose $1.00 or. 5 percent, to $199.10.

  • U.S. regulator wants better deposit data from big banks Tuesday, 21 Apr 2015 | 10:00 AM ET

    WASHINGTON, April 21- The largest U.S. and foreign banks would need to keep track of deposits better under a plan launched by the Federal Deposit Insurance Corporation on Tuesday, as many lenders have grown and become more complex. It said the FDIC "has often found inconsistent and missing data" in the current records, which the banks need to provide because of an...

  • Final Glance: Banks companies Monday, 20 Apr 2015 | 7:10 PM ET

    Bank of America Corp. rose$. 01 or. 1 percent, to $15.57. Citigroup Inc. rose$. 13 or. 2 percent, to $53.20. Goldman Sachs rose$. 75 or. 4 percent, to $198.10.

  • Most active New York Stock Exchange-traded stocks Monday, 20 Apr 2015 | 1:17 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose 1.0 percent to $32.83 with 24,104,100 shares traded. Alcoa Inc. rose. 9 percent to $13.58 with 17,234,600 shares traded.

  • Midday Glance: Banks companies Monday, 20 Apr 2015 | 1:17 PM ET

    Bank of America Corp. rose$. 07 or. 4 percent, to $15.63. Citigroup Inc. rose$. 42 or. 8 percent, to $53.49. Goldman Sachs rose $1.51 or. 8 percent, to $198.86.

  • Early Glance: Banks companies Monday, 20 Apr 2015 | 10:38 AM ET

    Bank of America Corp. rose$. 04 or. 3 percent, to $15.60. Citigroup Inc. rose$. 27 or. 5 percent, to $53.34. Goldman Sachs rose $1.84 or. 9 percent, to $199.19.

  • If nobody likes bonds, who’s buying? Sunday, 19 Apr 2015 | 6:53 PM ET

    It's a conundrum: bonds aren't likely to win a popularity contest any time soon, but analysts don't expect investor demand will slack off.

  • Final Glance: Banks companies Friday, 17 Apr 2015 | 6:03 PM ET

    Bank of America Corp. fell$. 23 or 1.5 percent, to $15.56. Citigroup Inc. fell$. 95 or 1.8 percent, to $53.07. Goldman Sachs fell $2.86 or 1.4 percent, to $197.35.

  • Why banks made more money last quarter Friday, 17 Apr 2015 | 3:41 PM ET

    NEW YORK— Wall Street and Main Street gave banks a boost last quarter. JPMorgan Chase created $24.7 billion worth of mortgages, up 45 percent from a year earlier, while Bank of America put together mortgages worth $13.7 billion, up 54 percent. Wells Fargo, the nation's largest mortgage lender, generated $49 billion in home loans, up 36 percent from the same period...

  • Midday Glance: Banks companies Friday, 17 Apr 2015 | 1:17 PM ET

    Bank of America Corp. fell$. 26 or 1.6 percent, to $15.54. Citigroup Inc. fell$. 77 or 1.4 percent, to $53.25. Goldman Sachs fell $3.08 or 1.5 percent, to $197.14.