Topic: Merrill Lynch & Co. Inc.

Bank of America

Bank of America is the largest commercial bank in the United States. The company became "Bank of America" in 1997 , following a merger with North Carolina based NationsBank. During Bank of America's annual shareholder's meeting in Charlotte, North Carolina on April ...
Bank of America names former Northrop Grumman executive Noski as new CFOBank of America said Wednesday it named an outsider, former Northrop Grumman executive Charles H. Noski, as its chief financial officer.Noski, 57, succeeds Joe Price, who now heads Bank of America's ...
Andrew Cuomo, Attorney General of New York, has filed charges of fraud against Ken Lewis, former Bank of America (BAC) chief executive and Joe Price, the bank's former chief financial officer. The charges relate to the intertwined events related to TARP (U.S. ...

Bank of America posts loss on public aid repayment

Bank of America said Wednesday it posted a loss of 194 million dollars in the fourth quarter of 2009, and that repayments of government aid boosted the loss for shareholders to 5.2 billion dollars.For all of 2009, the largest US bank by ...

BofA Repays TARP Fund in Full

Bank of America Corporation (BAC) said on Wednesday that it has repaid the entire $45 billion of bailout money it received from the government for its participation in the Troubled Asset Relief Program (TARP) at the height of the credit crisis last ...
Bank of America's repayment of $45 billion in TARP funds will eliminate exec pay restrictionsBank of America Corp. has been having a tough time finding a new CEO willing to accept the restrictions that came as a condition of bailout funds. Co. ...

ONE MESSY BAILOUT

ONE MESSY BAILOUT Neil Barofsky pulled no punches in his Nov. 17 report about the bailout of AIG, and those emerging with a black eye include every major Wall Street bank and the current Treasury Secretary. Barofsky, Special Inspector General for the ...
Rather than wait for Congress to act on a $700 billion financial industry rescue plan, banks are working through the crisis on their own, Lord of the Flies style.. Likewise, JPMorgan, which had previously looked at Washington Mutual without reaching a deal, ...
Asbury Automotive Group Inc. (ABG) Q3 2009 Earnings Call October 29, 2009 10:00 am ET. Participating with us today are Charles Oglesby, our CEO; Craig Monaghan, our CFO and Michael Kearney, our COO. Now, I would like to turn the call over ...

Bank of America mulls repaying aid: report

Bank of America is seeking to repay some of the billions of dollars in US government aid it has received in a bid to reduce federal involvement in the company, The Wall Street Journal reported Tuesday.The federal government, meanwhile, is pressing the ...
Previous