Bank of America Corp


  • Bank of America Offers No-Fee Mortgage Monday, 7 May 2007 | 4:12 AM ET

    Achieving the American dream of home ownership has never been as simple as just paying for the house itself. There are always the closings costs to pay for, too.

  • Bank of America sued Dutch bank ABN Amro over the No. 2 U.S. bank's agreement to buy ABN's U.S. unit, LaSalle, seeking an injunction barring the unit's sale to any other party.

  • Bank of America sued Dutch bank ABN Amro over the No. 2 U.S. bank's agreement to buy ABN's U.S. unit, LaSalle, seeking an injunction barring the unit's sale to any other party.

  • A Royal Bank of Scotland led group is likely to proceed with a conditional bid for ABN AMRO's U.S. bank LaSalle by Sunday despite a Dutch court blocking the sale process of the unit, sources familiar with the matter told Reuters.

  • ABN Asks RBS for More Details as Legal Battle Brews Tuesday, 1 May 2007 | 9:49 AM ET

    Dutch bank ABN Amro has asked suitors led by Royal Bank of Scotland to provide more details of the financing and structure of a planned $98 billion offer that could scupper its agreed deal with Barclays.

  • Going Dutch: Don’t Expect a Quick Solution Tuesday, 1 May 2007 | 8:10 AM ET

    Chests are being bared, knuckles cracked and muscles flexed. What we have here is the making of a good old fashioned punch up. In the red corner, Barclay’s bank and Bank of America, and in the blue corner, the challengers: RBS, Santander and Fortis. Although the prize, ABN Amro, ought to be neutral-- to maximize shareholder returns -- management has given the nod to Barclays.

  • ABN Faces New Suit as Takeover Battle Heats Up Tuesday, 1 May 2007 | 6:12 AM ET

    An investor in ABN Amro has filed a class action suit against the bank in an effort to scrap an $88 billion takeover by Barclays and the sale of U.S. unit LaSalle, saying directors failed in their duties.

  • Stocks ended at session lows on Monday following a late flurry of selling due to weakness in tech stocks, but the Dow ended the month with the biggest gains since December 2003. "We've been making money in the last six weeks, so I do think we need a timeout," said Al Goldman, chief market strategist at A.G. Edwards.

  • A Dutch court is deliberating whether ABN Amro can go ahead with the sale of U.S. unit LaSalle to Bank of America, with a decision due this week that could derail a proposed $88.5 billion merger between ABN and Barclays.

  • RBS-Led Group Threatens Hostile Bid for ABN Amro Friday, 27 Apr 2007 | 10:40 AM ET

    Three banks led by Royal Bank of Scotland said on Friday they were ready to make an unsolicited offer for ABN Amro. In addition the Dutch bank faces a court hearing regarding the sale of U.S. unit La Salle.

  • ABN Amro Faces Court Hearing over LaSalle Sale Friday, 27 Apr 2007 | 8:03 AM ET

    ABN Amro Holding has been called to a hearing at the Enterprise Chamber of the Amsterdam Court of Appeal tomorrow in a case brought by the Dutch shareholders' association VEB, which is demanding an investigation into the policy making process at the bank, which is the Netherlands' largest.

  • China CITIC Bank Shares Jump in Share Debut Friday, 27 Apr 2007 | 12:00 AM ET

    Shares in China CITIC Bank rose 21% in their Hong Kong trading debut and surged more than two-fold in Shanghai on Friday after its US$5.4 billion IPO, the world's largest this year, drew heavy investor demand.

  • RBS Group Clashes with ABN over Access to its Books Thursday, 26 Apr 2007 | 1:19 PM ET

    A trio of banks seeking to buy ABN Amro said on Thursday the Dutch bank was setting unreasonable conditions on opening its books, increasing the chance they could launch a hostile bid.

  • More Banks Agree To Abide By Student Loan Code Of Conduct Wednesday, 25 Apr 2007 | 1:07 PM ET

    New York Attorney General Andrew Cuomo announced Wednesday that two more student lenders have agreed to abide by a code of conduct designed to protect students from questionable college lending practices.

  • CNBC's Domm: Today's Agenda in the Markets Wednesday, 25 Apr 2007 | 8:59 AM ET

    Stocks are set to move higher at the opening, with the Dow heading straight for the 13,000 mark. European shares are higher, as the rising euro closes in on its all-time high against the dollar. Overnight, Asian stocks were lower, with Tokyo stocks falling on worries about the U.S. consumer after yesterday's weak housing data and consumer confidence number. Japanese automakers' shares were dented in the selling.

  • Stocks closed lower as cautious comments from GM and Pfizer snapped the Dow's seven-day winning streak. "We've seen a really good move in the market and a little consolidation is healthy," said Bill Nichols, managing director of equity trading for Bear Stearns. "After being higher so much, a little profit-taking is only natural."

  • Stocks Close Mixed But Dow Edges Up to Another Record Thursday, 19 Apr 2007 | 5:10 PM ET

    Stocks closed mixed but the Dow Jones Industrial Average inched up to another record as investors awaited key quarterly reports after the bell.  "You still have some pretty important earnings coming out that are going to set the tone," said Adam Tracy, director of listed trading at Thomas Weisel Partners.

  • A Bank of America branch.

    Bank of America, the largest commercial bank in the U.S., said Thursday its first-quarter earnings rose 5%, helped by growth in fee income despite a challenging credit environment.

  • Are You Diversified? Wednesday, 18 Apr 2007 | 6:58 PM ET

    Riding a motorcycle without a helmet, skydiving without a reserve chute, swimming the deep end without floaties - or worse - playing around with an undiversified portfolio. These are all dangerous activities. For all you risk junkies out there, Cramer wants to be your helmet, reserve chute and floaties.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • JP Morgan Chase, the nation's largest bank, said Wednesday earnings rose 55%, reflecting strength across most of its primary business lines, although it increased reserves to offset subprime mortgage losses.