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Bank of America Corporation
Type Public
NYSEBAC
TYO: 8648
Founded Bank of Italy (1904)
NationsBank (1874)
Headquarters Charlotte, NC, USA
Area served Worldwide
Key people Walter E. Massey
Chairman of the Board

Brian Moynihan
President and CEO[1]
Industry Banking
Financial services
Investment services
Products Finance and insurance
Consumer Banking
Corporate Banking
Investment Banking
Investment Management
Global Wealth Management
Private Equity
Mortgage
Credit Cards
Revenue $ 113.10 billion - 2008[2]
Net income $ 4.00 billion - 2008[3]
Total assets $ 2.25 trillion - 2009[4]
Total equity $ 177.052 billion - 2008[5]
Employees 282,408 - June 2009
Divisions List of Divisions
Website BankOfAmerica.com
Bank of America Corporate Center, located in the center of uptown Charlotte, North Carolina.
.Bank of America Corporation (NYSEBAC) is a financial services company, the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization.^ Bank of America Corporation is a financial services company, the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization.
  • Bank of America Corporation 2 February 2010 13:45 UTC www.nydailynews.com [Source type: General]

^ Bank of America has always been a talent leader in the financial services industry.
  • Welcome to CLOMedia - Chief Learning Officer magazine 19 January 2010 9:52 UTC www.clomedia.com [Source type: News]

^ Copyright 2009 Bank of America Corporation.

[6][7][8][9] Bank of America serves clients in more than 150 countries and has a relationship with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. The company is a member of the Federal Deposit Insurance Corporation (FDIC) and a component of both the S&P 500 Index and the Dow Jones Industrial Average[10][11][12]
.The bank's 2008 acquisition of Merrill Lynch made Bank of America the world's largest wealth manager and a major player in the investment banking industry.^ Bank of America in particular has experienced negative results in the Investment Banking industry.
  • Bank of America (BAC) 2 February 2010 13:45 UTC www.wikinvest.com [Source type: News]

^ This money was originally designated for Merrill Lynch, which Bank of America acquired.
  • Bank of America | Eye on the Bailout | ProPublica 2 February 2010 13:45 UTC bailout.propublica.org [Source type: FILTERED WITH BAYES]

^ The large majority of these assets were assumed by Bank of America as a result of its acquisition of Merrill Lynch.
  • Bank of America: Bailout hides huge bank subsidy deep in press release text - Credit Writedowns 2 February 2010 13:45 UTC www.creditwritedowns.com [Source type: General]

[13]
.The company holds 12.2% of all U.S. deposits, as of August 2009,[14] and is one of the Big Four Banks of the United States, along with Citigroup, JP Morgan Chase and Wells Fargo — its main competitors.^ In the United States banks are not allowed to own non-financial companies.

^ Bank of America, along with Citigroup ( C ) and JP Morgan Chase ( JPM ), are arguably three largest banks in the US. All have serious problems.
  • Thinking the Impossible: Could Bank of America Go to Zero? -- Seeking Alpha 19 January 2010 9:52 UTC seekingalpha.com [Source type: General]

^ All times are Eastern United States.
  • Investors.com - Software Maker Sees Big Upside To Its Bank Of America Contract 2 February 2010 13:45 UTC www.investors.com [Source type: News]
  • Investors.com - Bank of America 19 January 2010 9:52 UTC www.investors.com [Source type: News]

[15][16][17][18][19][20][21][22]

Contents

Corporate history

Bank of Italy

Typical Bank of America local office
.Bank of America's history dates to 1904, when Amadeo Giannini founded the Bank of Italy in San Francisco, for the purpose of catering to immigrants other banks would not serve.^ Bank of America (July 15, 2009), San Francisco .
  • Bank of America Overdraft Fee Class Action Settlement » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

^ San Francisco Business Times: Bank of America related content .

^ Bank of America found at 9:34 “… now.
  • Bank of America Audio and Video at 96.9 WTKK Radio | WTKK 2 February 2010 13:45 UTC wtkk.everyzing.com [Source type: News]

[23][24] .Amadeo was raised by the Fava/Stanghellini family when his father was shot while trying to collect on a $10.00 debt.^ Amadeo was raised by the Fava/Stanghellini family when his father was shot while trying to collect on a $10.00 debt.
  • Bank of America | ChaCha Answers 19 January 2010 9:52 UTC www.chacha.com [Source type: General]

^ Wolf Blitzer 2 beyonce falling 3 workers ask for raise get shot 4 pat tillman 5 weather 6 china 7 video 8 korean 9 japan 10 harry potter .
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

.September 2009" style="white-space:nowrap;">[citation needed] When the 1906 San Francisco earthquake struck, Giannini was able to get all of the deposits out of the bank building and away from the fires.^ Bank of America (July 15, 2009), San Francisco .
  • Bank of America Overdraft Fee Class Action Settlement » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

^ When the 1906 San Francisco earthquake struck, .
  • Bank of America | ChaCha Answers 19 January 2010 9:52 UTC www.chacha.com [Source type: General]

^ Gianniani became a legend right after the 1906 San Francisco earthquake.
  • Bank Of America Heiress Blasts Current Bank Leaders As 'Idiots' - cbs5.com 2 February 2010 13:45 UTC cbs5.com [Source type: General]

.Because San Francisco's banks were in smoldering ruins and unable to open their vaults, Giannini was able to use the rescued funds to start lending within a few days of the disaster.^ Within 105 days of selling these new securities, Bank of America shareholders will be asked at a special meeting to approve an increase in the number of shares outstanding.
  • Bank of America to repay $45 bln from TARP - MarketWatch 2 February 2010 13:45 UTC www.marketwatch.com [Source type: News]

^ The bank plans to repay a chunk of the $45 billion in TARP funds using $26.2 billion in excess liquidity, such as cash and other holdings that can be sold quickly.
  • Bank of America to repay $45 bln from TARP - MarketWatch 2 February 2010 13:45 UTC www.marketwatch.com [Source type: News]

^ The bank repaid $45 billion of government rescue funds in December.
  • Bank of America posts loss after firm repays bailout | APP.com | Asbury Park Press 2 February 2010 13:45 UTC www.app.com [Source type: News]

.From a makeshift desk of a few planks over two barrels, he lent money to anyone who was willing to rebuild.^ After his bank burned down, he set up a wooden plank on two barrels along the street and made loans.
  • Bank Of America Heiress Blasts Current Bank Leaders As 'Idiots' - cbs5.com 2 February 2010 13:45 UTC cbs5.com [Source type: General]

^ But hes one of the few in the business who can be fired without a golden parachute, and he thinks executives on Wall Street have made too much money.
  • Under New Ownership: Bank Of America - 60 Minutes - CBS News 2 February 2010 13:45 UTC www.cbsnews.com [Source type: FILTERED WITH BAYES]

^ Anyone know who has money caught up in this fund?
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

.He took great pride in later years that all of these loans were repaid.^ All it took was a handshake and he later said every loan was repaid.
  • Bank Of America Heiress Blasts Current Bank Leaders As 'Idiots' - cbs5.com 2 February 2010 13:45 UTC cbs5.com [Source type: General]

^ AM PST. I'm starting to see why the first Great Depression took a couple years to unfold.
  • TARP Saves Bank of America | Mother Jones 2 February 2010 13:45 UTC motherjones.com [Source type: General]

^ Venting online is great, but until we the people show these sharks whats up, thats all you will do is vent.
  • Bank of America Overdraft Fee Class Action Settlement » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

In 1922, Giannini established Bank of America and Italy[25] in Italy by buying Banca dell'Italia Meridionale[26], itself only established in 1918.[27][28]
March 7, 1927, Mr. Giannini consolidated his Bank of Italy (101 branches) with the then newly formed Liberty Bank of America (175 branches). The result was the Bank of Italy National Trust & Savings Association with capital of $30,000,000, resources of $115,000,000.
.In 1928, A. P. Giannini merged with Bank of America Los Angeles and consolidated it with his other bank holdings to create what would become the largest banking institution in the country.^ Giannini steps down from the chairmanship of Bank of Italy (which by then owned Bank of America of Los Angeles) after creating Transamerica Corporation, a holding company.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ She added that her father, who succeeded her grandfather as bank president and "gave his life for the bank," would have had a similar reaction upon seeing today's decline of the institution.
  • Bank Of America Heiress Blasts Current Bank Leaders As 'Idiots' - cbs5.com 2 February 2010 13:45 UTC cbs5.com [Source type: General]

^ Company Description: Bank of America is one of the world's largest financial institutions, serving individual consumers, small businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services.
  • Bank of America Entry Level Jobs and Internships - CollegeGrad.com 19 January 2010 9:52 UTC www.collegegrad.com [Source type: News]

.He renamed his Bank of Italy November 3, 1930, calling it Bank of America.^ Bank of America renamed to Countrywide??
  • Countrywide/ Bank of America accounts - Personal Finance, Personal Budget and Budget Tool Forums - Mint.com 19 January 2010 9:52 UTC forums.mint.com [Source type: FILTERED WITH BAYES]

^ Bank of America home retention specialist Shontaye Edwards speaks to a customer at a mortgage call center in Plano, Texas.
  • Bank Of America News - The Sacramento Bee 19 January 2010 9:52 UTC topics.sacbee.com [Source type: News]

^ In January 2004, the Panthers and Bank of America agreed on a 20 year deal to rename Ericsson Stadium, Bank of America Stadium.
  • Stadiums of Pro Football - Bank of America Stadium - Carolina Panthers - History, Photos & More - previously stadiumsofnfl.com 19 January 2010 9:52 UTC www.stadiumsofprofootball.com [Source type: News]

.The merger was completed in early 1929[29] and took the name Bank of America.^ In fact in California the brand name Bank of America had been used early as 1929.
  • » Bank of America to Improve ATM Deposits @ fivecentnickel.com 2 February 2010 13:45 UTC www.fivecentnickel.com [Source type: General]

^ Bank of America names new CEO .

^ Bank of America's board of directors named Brian Moynihan as the company's new CEO on December 16.
  • Earnings Preview: Bank of America Corp. -- Seeking Alpha 2 February 2010 13:45 UTC seekingalpha.com [Source type: General]

The combined company was headed by Giannini with Monnette serving as co-Chair.

Growth in California

.Giannini sought to build a national bank, expanding into most of the western states as well as into the insurance industry, under the aegis of his holding company, Transamerica Corporation.^ Financials below apply to BANK OF AMERICA CORPORATION holding company.
  • Compare Bank Of America CD Rates and Savings Accounts with MoneyAisle 2 February 2010 13:45 UTC www.moneyaisle.com [Source type: General]

^ It operates as a bank holding and a financial holding company.

^ He nurtured the bank into the nation's biggest by assets, adding mortgage, credit card and capital markets operations to a giant retail bank.
  • Lewis leaves Bank of America today with a legacy not yet decided - CharlotteObserver.com 2 February 2010 13:45 UTC www.charlotteobserver.com [Source type: FILTERED WITH BAYES]

.In 1953, regulators succeeded in forcing the separation of Transamerica Corporation and Bank of America under the Clayton Antitrust Act.^ Bank of America Corporation board .
  • Yahoo! Message Boards - Bank of America Corporation - Second SEC/BofA case on track for summer trial 2 February 2010 13:45 UTC messages.finance.yahoo.com [Source type: General]
  • Yahoo! Message Boards - Bank of America Corporation - BANK OF SCAMMERICA/REGULATORS COMING SOON.......... 2 February 2010 13:45 UTC messages.finance.yahoo.com [Source type: FILTERED WITH BAYES]

^ Map: Corporate headquarters of Bank of America.
  • Bank of America | Eye on the Bailout | ProPublica 2 February 2010 13:45 UTC bailout.propublica.org [Source type: FILTERED WITH BAYES]

^ Stories related to Bank of America Corporation .
  • Bank of America Corporation | NBC San Diego 19 January 2010 9:52 UTC www.nbcsandiego.com [Source type: General]

[30] .The passage of the Bank Holding Company Act of 1956 prohibited banks from owning non-banking subsidiaries such as insurance companies.^ With the passage of the Bank Holding Company Act of 1956, banks were prohibited from owning non-banking subsidiaries like insurance, and Bank of America and Transamerica were separated, with the latter company continuing to be in the insurance business.

^ In the United States banks are not allowed to own non-financial companies.

^ It operates as a bank holding and a financial holding company.

.Bank of America and Transamerica were separated, with the latter company continuing in the insurance business.^ But Bank of America offers continued to get through.
  • I was Bank of America's bitch ... but no longer 2 February 2010 13:45 UTC www.walletpop.com [Source type: General]

^ Bank of America is a BBB Accredited business.
  • BBB Review of Bank of America in Charlotte, NC 19 January 2010 9:52 UTC www.bbb.org [Source type: FILTERED WITH BAYES]

^ Later this month, the company will introduce the Bank of America Home Loans and Insurance brand to consumers.
  • FT Alphaville » Bank of America in Q1 happy bank club 2 February 2010 13:45 UTC ftalphaville.ft.com [Source type: News]

.However, federal banking regulators prohibited Bank of America's interstate banking activity, and Bank of America's domestic banks outside California were forced into a separate company that eventually became First Interstate Bancorp, which was acquired by Wells Fargo and Company in 1996. It was not until the 1980s with a change in federal banking legislation and regulation that Bank of America was again able to expand its domestic consumer banking activity outside California.^ In the case of Bank of America however, I won’t be surprised if the company does indeed cut its dividends as it faces further writedowns, frozen credit markets and TARP restrictions.
  • Dividend Growth Investor: Bank of America (BAC) might have to cut dividends again 2 February 2010 13:45 UTC www.dividendgrowthinvestor.com [Source type: General]

^ Bernanke and Paulson responded that doing so would reflect not only the bank’s lack of due diligence in acquiring Merrill, but Bank of America’s inability to meet its commitment.
  • Wall Street Weather: Government Forced Bank of America To Marry Merrill Lynch 2 February 2010 13:45 UTC www.wallstreetweather.net [Source type: News]

^ Three days after receiving $25 billion in federal bailout funds, Bank of America Corp.

.New technologies also allowed credit cards to be linked directly to individual bank accounts.^ I have a couple of Bank of America credit cards.

^ More articles in Bank Technology News .
  • BANK OF AMERICAN FORK, American Fork, UT - Bank Technology News Article 2 February 2010 13:45 UTC www.americanbanker.com [Source type: News]

^ Already have a checking account or credit card?
  • Make Everyday Purchases and Earn More Cash Back with Bank of America 19 January 2010 9:52 UTC promo.bankofamerica.com [Source type: General]

.In 1958, the bank introduced the BankAmericard, which changed its name to VISA in 1975.[31] A consortium of other California banks came up with Master Charge (now MasterCard) to compete with BankAmericard.'^ BankAmerica changes its name to Bank of America .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ Ken Eldredge of SRI invented the MICR method of encoding and reading data from documents - this method prevailed over other competing methods - the American Banking Association adopted the MICR method.
  • ERMA 2 February 2010 13:45 UTC ed-thelen.org [Source type: Reference]

^ Now we all have to pay because of the weak willed administrators and government officials who looked the other way rather than stand up for what is right.
  • Bank of America Suspends Work With ACORN - CBS News 19 January 2010 9:52 UTC www.cbsnews.com [Source type: General]

Expansion outside California

.Following the passage of the Bank Holding Company Act of 1967, BankAmerica Corporation was established for the purpose of owning Bank of America and its subsidiaries.^ BANK OF AMERICA CORPORATION is the name of the holding company of BofA. BANK OF AMERICA CORPORATION was established on 10/17/1904.
  • Compare Bank Of America CD Rates and Savings Accounts with MoneyAisle 2 February 2010 13:45 UTC www.moneyaisle.com [Source type: General]

^ The depositor is a Delaware corporation and a wholly owned, indirect subsidiary of Bank of America Corporation.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ BankAmerica changes its name to Bank of America .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

.BankAmerica expanded outside California in 1983 with its acquisition of Seafirst Corporation of Seattle, Washington, and its wholly owned banking subsidiary, Seattle-First National Bank.^ The depositor is a Delaware corporation and a wholly owned, indirect subsidiary of Bank of America Corporation.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ BankAmerica expanded outside California in 1983 with its acquisition of Seafirst Corp.

^ Seattle, Washington and its wholly owned banking subsidiary, Seattle-First National Bank.

.Seafirst was at risk of seizure by the federal government after becoming insolvent due to a series of bad loans to the oil industry.^ This happened when Seafirst was at risk of being seized by the federal government after becoming insolvent through a series of bad loans to the oil industry.

^ Bank of America was dealt huge losses in 1986 and 1987 due to bad loans in its Third World lending, particularly in Latin America.

^ "When you take money from the federal government, you become political.
  • FOXNews.com - Bank of America Takes Heat for Sponsoring Super Bowl Festival 2 February 2010 13:45 UTC www.foxnews.com [Source type: News]

.BankAmerica continued to operate its new subsidiary as Seafirst rather than Bank of America until the 1998 merger with NationsBank.^ But Bank of America offers continued to get through.
  • I was Bank of America's bitch ... but no longer 2 February 2010 13:45 UTC www.walletpop.com [Source type: General]

^ Bank of America news from FierceFinance .
  • Bank of America news - FierceFinance 2 February 2010 13:45 UTC www.fiercefinance.com [Source type: News]

^ BankAmerica changes its name to Bank of America .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

.BankAmerica was dealt huge losses in 1986 and 1987 by the placement of a series of bad loans in the Third World, particularly in Latin America.^ Bank of America was dealt huge losses in 1986 and 1987 due to bad loans in its Third World lending, particularly in Latin America.

^ Fleet was struggling when Bank of America bought it, suffering from big corporate loan defaults, losses in Latin America, and poor results in investment banking and private-equity investments.
  • Bank of America's new chief has list of disillusioned people to convince 2 February 2010 13:45 UTC www2.journalnow.com [Source type: News]

^ DAVID MILDENBERG BANK of America , the largest lender in the US, yesterday posted its third loss in the past five quarters, driven largely by the cost of repaying US bail-out funds and defaults on consumer loans.
  • Bank of America posts loss as bail-out bites - Silobreaker 2 February 2010 13:45 UTC www.silobreaker.com [Source type: News]

.The company fired its CEO, Sam Armacost.^ The company fired its CEO, Sam Armacost, although Armacost blamed the problems on his predecessor, A.W. (Tom) Clausen, who was then appointed to replace Armacost.

^ Of course should you decide that CEO Ken Lewis has overstepped the bounds of decency and fire the bastard, I will consider patronizing your company once again.

.Though Armacost blamed the problems on his predecessor, A.W. (Tom) Clausen, Clausen was appointed to replace Armacost.^ The company fired its CEO, Sam Armacost, although Armacost blamed the problems on his predecessor, A.W. (Tom) Clausen, who was then appointed to replace Armacost.

.The losses resulted in a huge decline of BankAmerica stock, making it vulnerable to a hostile takeover.^ The losses resulted in a huge decline of BankAmerica stock, making it vulnerable to a hostile takeover.

.First Interstate Bancorp of Los Angeles (which had originated from banks once owned by BankAmerica), launched such a bid in the fall of 1986, although BankAmerica rebuffed it, mostly by selling operations.^ First Interstate Bancorp of Los Angeles (which had been built from banks once owned by BofA), launched such a bid in the fall of 1986, although BankAmerica rebuffed it, mostly by selling its FinanceAmerica subsidiary to Chrysler and by selling the brokerage firm Charles Schwab and Co.

^ CNNMoney: Bank stocks fall once again .
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

^ However, federal regulators put a stop to this interstate banking activity, and Bank of America's banks outside California were forced to be spun off into a company that eventually became First Interstate Bancorp, which was acquired by Wells Fargo Corp.

It sold its FinanceAmerica subsidiary to Chrysler and the brokerage firm Charles Schwab and Co. back to Mr. Schwab. .It also sold Bank of America and Italy to Deutsche Bank.^ Update of July 18, 2005: Bank of America on July 13 settled charges that its customers, particularly the elderly, were hard-sold inappropriate annuities.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Account info at Bank of America, Wachovia sold by employees; more arrests expected, N.J. police say.
  • Data at Bank of America, Wachovia, others compromised - May. 23, 2005 2 February 2010 13:45 UTC money.cnn.com [Source type: News]

^ Bank of America has sold 5.6 billion shares, or $3 billion, of its holdings in China Construction Bank, a spokesman for the Chinese bank said Wednesday.
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

.By the time of the 1987 stock market crash, BankAmerica's share price had fallen to $8, but by 1992 it had rebounded mightily to become one of the biggest gainers of that half-decade.^ On the day of the stock market crash in 1987, BankAmerica was trading at $8 per share, although by 1992 it had rebounded mightily to become one of the biggest gainers of that half-decade.

^ CIT Files For Chapter 11 Global stocks head lower as lender becomes one of the biggest ever corporate bankruptcies.
  • Forbes.com Video Network | Markets: Bank Of America Escapes Feds 2 February 2010 13:45 UTC video.forbes.com [Source type: General]

^ Bank of America currently trades at $16.42 per share (up over 600% from it’s once $2.53 stock price).
  • Bank of America » Bank Vibe 19 January 2010 9:52 UTC bankvibe.com [Source type: General]

.BankAmerica's next big acquisition came in 1992. The company acquired its California rival, Security Pacific Corporation and its subsidiary Security Pacific National Bank in California and other banks in Arizona, Idaho, Oregon, and Washington (which Security Pacific had acquired in a series of acquisitions in the late 1980s).^ BankAmerica acquired its California rival, Security Pacific Corp.

^ Seattle, Washington and its wholly owned banking subsidiary, Seattle-First National Bank.

^ Security Pacific National Bank in California and other banks in Arizona, Idaho, Oregon, and Washington (which Security Pacific had acquired in a series of acquisitions in the late 1980s.

.This was, at the time, the largest bank acquisition in history.^ This was at the time the biggest bank deal in history.

^ Acquisitions of Countrywide Financial and Merrill Lynch were, at the time, thought to be advantageous to Bank of America.
  • Thinking the Impossible: Could Bank of America Go to Zero? -- Seeking Alpha 19 January 2010 9:52 UTC seekingalpha.com [Source type: General]

.Federal regulators, however, forced the sale of roughly half of Security Pacific's Washington subsidiary, the former Rainier Bank, as the combination of Seafirst and Security Pacific Washington would have given BankAmerica too large a share of the market in that state.^ Federal regulators nevertheless forced the sale of Security Pacific's Washington subsidiary, Rainier Bank, because the combination of Seafirst and Rainier would give BankAmerica too large a share of the market in that state.

^ Bank of America and Merrill Lynch have joined forces, creating a combined organisation that brings together two companies that complement each other in the investment banking, global markets, research and wealth management businesses.

^ Smaller organizations, in particular the Stanford Federal Credit Union, have preceded Bank of America in adopting more advanced security features, he said.
  • Bank of America takes on cyberscams - CNET News 2 February 2010 13:45 UTC news.cnet.com [Source type: General]

.The Washington branches were divided and sold off to West One Bancorp (now U.S. Bancorp) and KeyBank.^ Capital One closed 12 of GreenPoint's operation centers and some branch offices in June, laying off 440 employees.
  • Countrywide Gets Big Cash Infusion From Bank of America 19 January 2010 9:52 UTC www.mortgagenewsdaily.com [Source type: News]

^ One woman visiting the Summer Street Fleet branch asked the teller how many people had been laid off."
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ I’m in Washington and the local branch told me they send all of their deposits (from the night drop) off to Arizona for processing.
  • Bye-Bye, Bank of America « The Baseline Scenario 2 February 2010 13:45 UTC baselinescenario.com [Source type: FILTERED WITH BAYES]

[32] .Later that year, BankAmerica expanded into Nevada by acquiring Valley Bank of Nevada.^ The Charlotte, N.C., banking giant tested the program last year at five branches in Los Angeles, and last week expanded it to 51 branches in Los Angeles County, home to the largest concentration of illegal immigrants in the U.S. The bank hopes to roll out the program nationally later this year.
  • Michelle Malkin » Bank of Illegal Aliens in America 2 February 2010 13:45 UTC michellemalkin.com [Source type: General]

^ Giannini also sought to build a national bank, expanding into most of the western states and also the insurance industry under the aegis of his holding company, Transamerica.

^ Update of July 5, 2004: Bank of America (BofA), which had left Brazil, decided to return and to operate fully in the country through BankBoston, acquired last year.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

In 1994, BankAmerica acquired the Continental .Illinois National Bank and Trust Co. of Chicago, which had become federally owned as part of the same oil industry debacle emanating from Oklahoma City's Penn Square Bank, that had brought down numerous financial institutions including Seafirst.^ Newsroom Welcome to Bank of America, the nation's leading financial institution.
  • Bank of America BAC Stock News Company News Press Releases Jobs Career 2 February 2010 13:45 UTC www.ihavenet.com [Source type: News]

^ The financial institutions invited -- and now challenged -- included Bank of America.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Chicago, which had become federally-owned as part of the same oil industry debacle that had brought down Seafirst.

.At the time, no bank had the resources to bail out Continental, so the federal government operated the bank for nearly a decade.^ No company that got bailed out should have.
  • 75% Of Latest Bank Of America Bailout Used To Pay Merrill Lynch Bonuses (BAC) 2 February 2010 13:45 UTC www.businessinsider.com [Source type: Original source]

^ We have enough banks...dont bail them out .
  • Anderson Cooper 360: Blog Archive - Bailed Out Bank of America sponsors Super Bowl fun fest « - Blogs from CNN.com 2 February 2010 13:45 UTC ac360.blogs.cnn.com [Source type: General]

^ The federal government comes to the banking giant's aid for the third time.
  • Bank of America - News - US News and World Report 19 January 2010 9:52 UTC www.usnews.com [Source type: News]

.Illinois at that time regulated branch banking extremely heavily, so Bank of America Illinois was a single-unit bank until the 21st century.^ Illinois at the time outlawed branch banking, so Bank of America Illinois was a single-unit bank until the 21st century.

^ Bank of America branch in Huntington Beach.
  • ATM skimmers victimize more than 100 people | macdonald, card, atm - News - The Orange County Register 19 January 2010 9:52 UTC www.ocregister.com [Source type: FILTERED WITH BAYES]

^ While Earls expressed relief that the bank is now flying the American flag, she added, "That one moment in time when they took them down is a sad moment in America."
  • FOXNews.com - Bank of America Draws Fire for Pulling U.S. Flags From Property 2 February 2010 13:45 UTC www.foxnews.com [Source type: News]

.BankAmerica moved its national lending department to Chicago in an effort to establish a financial beachhead in the region.^ Bank of America moved its national lending department to Chicago in an effort to establish a beachhead there.

^ The coalition assembled today demonstrates the broad support behind moving forward with the establishment of a National Infrastructure Bank as part of a bold, forward-looking and transformative U.S. infrastructure policy.” .

^ CEO Of The Nation's Largest Bank Talks About The Treasury Department's Plans For Buying Into Financial Firms .
  • Under New Ownership: Bank Of America - 60 Minutes - CBS News 2 February 2010 13:45 UTC www.cbsnews.com [Source type: FILTERED WITH BAYES]

.These mergers helped BankAmerica Corporation to once again become the largest U.S. bank holding company in terms of deposits, but the company fell to second place in 1997 behind fast-growing NationsBank Corporation, and to third in 1998 behind North Carolina's First Union Corp.^ Bank of America is the second-largest bank in the US (behind Citigroup ).
  • Bank of America Corp. - SourceWatch 2 February 2010 13:45 UTC www.sourcewatch.org [Source type: FILTERED WITH BAYES]

^ The largest banking company in the United States.
  • bankofamerica.com - Site Info from Alexa 19 January 2010 9:52 UTC www.alexa.com [Source type: General]

^ Bank of America Corporation, a Delaware corporation was incorporated in 1998 as part of the merger of BankAmerica Corporation with NationsBank Corporation.

Merger of NationsBank and BankAmerica

Logo of the former NationsBank Corp., which is similar to the current logo of Bank of America
Logo of the former BankAmerica, which was seen on a BankAmerica branch near the end of the first Back to the Future film.
In 1997, BankAmerica lent D. E. Shaw & Co., a large hedge fund, $1.4bn so that the hedge fund would run various businesses for the bank. .However, D.E. Shaw suffered significant loss after the 1998 Russia bond default.^ Fleet was struggling when Bank of America bought it, suffering from big corporate loan defaults, losses in Latin America, and poor results in investment banking and private-equity investments.
  • Bank of America's new chief has list of disillusioned people to convince 2 February 2010 13:45 UTC www2.journalnow.com [Source type: News]

.BankAmerica was acquired by NationsBank later that year in October.^ In 1998, NationsBank acquired San Francisco-based BankAmerica and assumed the Bank of America name.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ NCNB purchases a 20% interest, acquiring complete ownership a year later.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

The purchase of BankAmerica Corp. by the .NationsBank Corporation was the largest bank acquisition in history at that time.^ This was at the time the biggest bank deal in history.

^ So naturally, Small Bank can succeed using this approach—especially in a time of corporate scandals and c-level corruption.
  • Good Experience - Broken: Bank of America jailing a customer 19 January 2010 9:52 UTC www.goodexperience.com [Source type: General]

^ On September 30, NationsBank and BankAmerica complete a $49 billion merger to become the largest bank in the U.S. The new bank takes on the BankAmerica name.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

.While the deal was technically a purchase of BankAmerica Corporation by NationsBank, the deal was structured as merger with NationsBank renamed to Bank of America Corporation, and Bank of America NT&SA changing its name to Bank of America, N.A. as the remaining legal bank entity.^ Name changed to Bank of America in 1928.
  • Bank of America 19 January 2010 9:52 UTC www.nndb.com [Source type: News]

^ BankAmerica changes its name to Bank of America .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ Nations Bank bought BankAmerica (one word), and then changed names to Bank OF America (three words).
  • » Bank of America to Improve ATM Deposits @ fivecentnickel.com 2 February 2010 13:45 UTC www.fivecentnickel.com [Source type: General]

.The bank still operates under Federal Charter 13044, which was granted to Giannini's Bank of Italy on March 1, 1927. However, SEC filings before 1998 are listed under NationsBank, not BankAmerica.^ Though some investigations are winding down, the bank is still expected to go to trial with the Securities and Exchange Commission in March, a potentially humiliating ordeal.
  • Lewis leaves Bank of America today with a legacy not yet decided - CharlotteObserver.com 2 February 2010 13:45 UTC www.charlotteobserver.com [Source type: FILTERED WITH BAYES]

^ Giannini also sought to build a national bank, expanding into most of the western states and also the insurance industry under the aegis of his holding company, Transamerica.

^ Given how San Francisco's Bank of America (originally the Bank of Italy) was taken over and bent over) by the Charlotte bank that took its name, there's a bit of schadenfreude, but still ...
  • TARP Saves Bank of America | Mother Jones 2 February 2010 13:45 UTC motherjones.com [Source type: General]

.Following the US$64.8 billion acquisition of BankAmerica by NationsBank, the resulting Bank of America had combined assets of US$570 billion, as well as 4,800 branches in 22 states.^ That’s amazing, because Bank of America was actually formed following NationsBank’s acquisition of BankAmerica in 1998.
  • » Bank of America to Improve ATM Deposits @ fivecentnickel.com 2 February 2010 13:45 UTC www.fivecentnickel.com [Source type: General]

^ Following the $64.8 billion ($64,800,000,000) acquisition of BankAmerica by NationsBank, Bank of America had combined assets of $570 billion, and 4,800 branches in 22 states.In 2001, Bank of America CEO and chairman Hugh McColl stepped down and named Ken Lewis as his successor.

^ BankAmerica changes its name to Bank of America .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

.Despite the mammoth size of the two companies, federal regulators insisted only upon the divestiture of 13 branches in New Mexico, in towns that would be left with only a single bank following the combination.^ Despite the mammoth size of the two companies, federal regulators insisted only upon the divestiture of 13 branches in New Mexico, in towns that would be left with only a single bank following the combination.

^ I lived in their HQ's town that had 13 branches.

^ Combining these two would only make things worse.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.This is because branch divestitures are only required if the combined company will have a larger than 25 percent FDIC deposit market share in a particular state or 10 percent deposit market share overall.^ This is because branch divestures are only required if the combined company will have a larger than 25 percent FDIC deposit market share in a particular state or 10 percent deposit market share overall.

^ In an attempt to stabilize U.S. financial markets and the economy, the Federal Reserve made a surprise, intrameeting interest rate cut that was the biggest single-point cut in more than 25 years, only an hour before trading began.
  • Bank of America Gets $20 Billion More: Why the Rush? - Money Beat 2 February 2010 13:45 UTC blogs.abcnews.com [Source type: General]

^ James says he was hit with a $5 charge last month because he hadn't met the minimum monthly deposit requirement of $25: "It turns out that I wasn't even accruing $5 worth of change per month, so I was losing more money due to the maintenance fee than I was saving via Keep the Change!"
  • The Consumerist: Search Results 2 February 2010 13:45 UTC consumerist.com [Source type: FILTERED WITH BAYES]

History since 2001

.In 2001, Bank of America CEO and chairman Hugh McColl stepped down and named Ken Lewis as his successor.^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ SEIU wants Bank of America CEO Ken Lewis to be fired .
  • Bank of America « Americans for Fairness in Lending 2 February 2010 13:45 UTC blog.affil.org [Source type: General]

^ CNNMoney: No 2009 pay for Bank of America CEO Ken Lewis .
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

.In 2004, Bank of America announced it would purchase Boston-based bank FleetBoston Financial for $47 billion in cash and stock.^ Bank of America, which purchased Countrywide Financial, is No.

^ Bank of America announced in September that it would acquire Merrill.

^ Bank of America has announced its financial results for the fourth quarter of 2009 .
  • Bank of America - Payments News Archive 2 February 2010 13:45 UTC www.paymentsnews.com [Source type: News]

[33] .By merging with Bank of America, all of its banks and branches were given the Bank of America logo.^ After all, Bank of America is too big to fail!
  • The Big Picture » Blog Archive » Time to Fire Ken Lewis of Bank of America 2 February 2010 13:45 UTC www.ritholtz.com [Source type: General]

^ Major banks and Bank of America Citibank park we're just going to collapse and they're all gonna lose money banks or Canada -- or.
  • http://topics.myfoxboston.com/business/bank-of-america.htm 19 January 2010 9:52 UTC topics.myfoxboston.com [Source type: News]

^ With a name like Bank of America, it was particularly surprising when a branch manager in South Carolina ordered the removal of a U.S. flag honoring a fallen soldier from the bank's property.
  • FOXNews.com - Bank of America Draws Fire for Pulling U.S. Flags From Property 2 February 2010 13:45 UTC www.foxnews.com [Source type: News]

.At the time of merger, FleetBoston was the seventh largest bank in United States with $197 billion in assets, over 20 million customers and revenue of $12 billion.^ The largest banking company in the United States.
  • bankofamerica.com - Site Info from Alexa 19 January 2010 9:52 UTC www.alexa.com [Source type: General]

^ The largest of the banks is Bank of America (B of A) - now partly owned by the United States of America.
  • Under New Ownership: Bank Of America - 60 Minutes - CBS News 2 February 2010 13:45 UTC www.cbsnews.com [Source type: FILTERED WITH BAYES]

^ Bank of America is the largest commercial bank in the United States.
  • Bank of America - Business Exchange 2 February 2010 13:45 UTC bx.businessweek.com [Source type: FILTERED WITH BAYES]

[33] .Hundreds of FleetBoston workers lost their jobs or were demoted, according to the Boston Globe.^ He majored in history and co-captained the rugby team at Brown University, then earned a law degree at the University of Notre Dame, according to the Boston Globe.
  • Bank of America names Moynihan CEO, commits to Charlotte - Breaking News - TheState.com 2 February 2010 13:45 UTC www.thestate.com [Source type: News]

.On 30 June 2005, Bank of America announced it would purchase credit card giant MBNA for $35 billion in cash and stock.^ If you have a bank of America credit card, CANCEL it!
  • Bank of America loses a million customer records - CNET News 2 February 2010 13:45 UTC news.cnet.com [Source type: General]

^ Compare all current credit card offers from Bank of America.

^ Bank of America: 3G iPhone in June .
  • Bank of America: 3G iPhone in June | Electronista 2 February 2010 13:45 UTC www.electronista.com [Source type: FILTERED WITH BAYES]

.The Federal Reserve Board gave final approval to the merger on 15 December 2005, and the merger closed on 1 January 2006. The acquisition of MBNA provided Bank of America a leading credit card issuer at home and abroad.^ Update of January 18, 2005 : What a weekend for Bank of America.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ If you have a bank of America credit card, CANCEL it!
  • Bank of America loses a million customer records - CNET News 2 February 2010 13:45 UTC news.cnet.com [Source type: General]

^ Federal Reserve Board - DC (by fax) .
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.The combined Bank of America Card Services organization, including the former MBNA, had more than 40 million U.S. accounts and nearly $140 billion in outstanding balances.^ Banks - Bank of America just stole $8 billion from investors more .
  • Bank of America - Business Exchange 2 February 2010 13:45 UTC bx.businessweek.com [Source type: FILTERED WITH BAYES]

^ CNNMoney: Bank of America pledges $5 billion more for small businesses .
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

^ Bank of America’s promotions and popular accounts: .
  • Bank of America » Bank Vibe 19 January 2010 9:52 UTC bankvibe.com [Source type: General]

.Under Bank of America the operation was renamed FIA Card Services.^ He nurtured the bank into the nation's biggest by assets, adding mortgage, credit card and capital markets operations to a giant retail bank.
  • Lewis leaves Bank of America today with a legacy not yet decided - CharlotteObserver.com 2 February 2010 13:45 UTC www.charlotteobserver.com [Source type: FILTERED WITH BAYES]

^ Under the deal, Bank of America will cover the first $10 billion of losses under this guarantee program and the government will cover 90 percent of any subsequent losses.
  • Did Bank of America Mislead Investors? - DealBook Blog - NYTimes.com 2 February 2010 13:45 UTC dealbook.blogs.nytimes.com [Source type: FILTERED WITH BAYES]

^ All Bank of America Products and Services (172) .
  • Bank of America Reviews - B of A - Share Your Opinion - FiLife.com 2 February 2010 13:45 UTC www.filife.com [Source type: General]

.In May 2006, Bank of America and Banco Itaú (Investimentos Itaú S.A.) entered into an acquisition agreement through which Itaú agreed to acquire BankBoston's operations in Brazil and was granted an exclusive right to purchase Bank of America's operations in Chile and Uruguay.^ But Bank of America offers continued to get through.
  • I was Bank of America's bitch ... but no longer 2 February 2010 13:45 UTC www.walletpop.com [Source type: General]

^ Itau has also been given exclusive rights to buy subsidiaries of BankBoston in Chile and Uruguay.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Given the choice, I would never enter into any agreement with this bank again.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

.A deal was signed in August 2006 under which Itaú agreed to purchase Bank of America's operations in Chile and Uruguay.^ Bank of America Chief Executive Ken Lewis, the sole witness at the hearing, agreed with lawmakers under questioning that there was pressure from the government to complete the deal despite growing losses at Merrill.
  • How Bad is the Bank of America/Merrill Lynch Scandal? - The Atlantic Business Channel 2 February 2010 13:45 UTC business.theatlantic.com [Source type: News]

^ When the National Infrastructure Bank is operational, America’s Building Trades Unions and our members will be ready to build the infrastructure that our 21st century economy so desperately needs.” .

^ It has been described as a “bailout” and Bank of America’s role as that of a “White Knight.” The idea that Countrywide’s shareholders would balk at the deal comes as a surprise.
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

.Prior to the transaction, BankBoston's Brazilian operations included asset management, private banking, a credit card portfolio, and small, middle-market, and large corporate segments.^ He nurtured the bank into the nation's biggest by assets, adding mortgage, credit card and capital markets operations to a giant retail bank.
  • Lewis leaves Bank of America today with a legacy not yet decided - CharlotteObserver.com 2 February 2010 13:45 UTC www.charlotteobserver.com [Source type: FILTERED WITH BAYES]

^ Fleet was struggling when Bank of America bought it, suffering from big corporate loan defaults, losses in Latin America, and poor results in investment banking and private-equity investments.
  • Bank of America's new chief has list of disillusioned people to convince 2 February 2010 13:45 UTC www2.journalnow.com [Source type: News]

^ The companys Global Corporate and Investment Banking segment provides commercial and corporate bank loans, indirect consumer loans, real estate lending products, and leasing and asset-based lending products for banking clients, middle market commercial clients, multinational corporate clients, public and private developers, homebuilders, and commercial real estate firms; advisory services, financing, and related products for institutional investor clients in support of their investing and trading activities; debt and equity underwriting, merger-related advisory services, and risk management solutions; and treasury management, trade finance, foreign exchange, short-term credit facilities, and short-term investing options for correspondent banks, commercial real estate firms, and governments.
  • BANK OF AMERICA CORP (BAC:US): Stock Quote & Company Profile - BusinessWeek 2 February 2010 13:45 UTC investing.businessweek.com [Source type: News]
  • BANK OF AMERICA CORP (BAC): Stock Quote & Company Profile - BusinessWeek 19 January 2010 9:52 UTC investing.businessweek.com [Source type: News]

It had 66 branches and 203,000 clients in Brazil. BankBoston in Chile had 44 branches and 58,000 clients and in Uruguay it had 15 branches. .In addition, there was a credit card company, OCA, in Uruguay, which had 23 branches.^ The poor credit card companies!
  • Bank of America Corporation - New York 2 February 2010 13:45 UTC www.villagevoice.com [Source type: General]

^ I really try to understand why, though I know the reason, why credit card companies suck you in the then spit you out.
  • I was Bank of America's bitch ... but no longer 2 February 2010 13:45 UTC www.walletpop.com [Source type: General]

^ Also there could be pressure to lower fees on credit cards.
  • Dividends4Life: Search results for "(BAC)" 19 January 2010 9:52 UTC www.dividends4life.com [Source type: General]

BankBoston N.A. in Uruguay, together with OCA, jointly served 372,000 clients. .While the BankBoston name and trademarks were not part of the transaction, as part of the sale agreement, they cannot be used by Bank of America in Brazil, Chile or Uruguay following the transactions.^ They obviously do not deserve to use the name America as part of their corporate identity.
  • Bank of America Flag Controversy Illustrates Dangers of Blind Obedience | Business Pundit 2 February 2010 13:45 UTC www.businesspundit.com [Source type: General]

^ BankAmerica changes its name to Bank of America .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ They're Bank of America.

.Hence, the BankBoston name has disappeared from Brazil, Chile and Uruguay.^ Itau has also been given exclusive rights to buy subsidiaries of BankBoston in Chile and Uruguay.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ After the sale, the presence of BKB in the region will encompass Argentina, Brazil, Chile and Uruguay...
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.The Itaú stock received by Bank of America in the transactions has allowed Bank of America's stake in Itaú to reach 11.51%.^ Bank of America last month got another $20 billion from the government to help it absorb Merrill Lynch's losses, after earlier receiving $25 billion in federal funds.  .
  • FOXNews.com - Bank of America Takes Heat for Sponsoring Super Bowl Festival 2 February 2010 13:45 UTC www.foxnews.com [Source type: News]

^ Bank of America, which has received $45 billion in federal loans as part of the government rescue of the financial industry, apologized for the incident, calling it a "terrible mistake."
  • FOXNews.com - Bank of America Draws Fire for Pulling U.S. Flags From Property 2 February 2010 13:45 UTC www.foxnews.com [Source type: News]

^ Bank of America said late Wednesday it planned to return the entire $45 billion in bailout money it received from the government over the past year.
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

Banco de Boston de Brazil had been founded in 1947.
.On 20 November 2006, Bank of America announced the purchase of The United States Trust Company for $3.3 billion, from the Charles Schwab Corporation.^ The largest of the banks is Bank of America (B of A) - now partly owned by the United States of America.
  • Under New Ownership: Bank Of America - 60 Minutes - CBS News 2 February 2010 13:45 UTC www.cbsnews.com [Source type: FILTERED WITH BAYES]

^ A host of federal agencies regulate Bank of America and its competitors, including the Office of the Comptroller of the Currency (the “Comptroller” or “OCC”), the Federal Deposit Insurance Corporation (the “FDIC”), the Federal Reserve Board, other federal and state regulatory agencies, and with respect to Bank of America’s operations in the United Kingdom, the Financial Services Authority (the “FSA”).
  • Bank of America (BAC) 2 February 2010 13:45 UTC www.wikinvest.com [Source type: News]

^ Bank of America, which has received $45 billion in federal loans as part of the government rescue of the financial industry, apologized for the incident, calling it a "terrible mistake."
  • FOXNews.com - Bank of America Draws Fire for Pulling U.S. Flags From Property 2 February 2010 13:45 UTC www.foxnews.com [Source type: News]

.US Trust had about $100 billion of assets under management and over 150 years of experience.^ As part of its initiative to reach $5 billion in assets under management within five years, Evercore Wealth Management celebrated its first anniversary Monday by announcing it signed a definitive agreement to buy Morse, Williams and Co.
  • Bank of America News - Topix 2 February 2010 13:45 UTC www.topix.com [Source type: News]

^ Bank of America results were affected by a charge of 4.0 billion dollars to repay the US government for its capital aid under the Troubled Asset Relief Program (TARP), a massive effort to stabilize the banking system.
  • Bank of America, Morgan Stanley results disappoint 2 February 2010 13:45 UTC uk.biz.yahoo.com [Source type: News]

^ It sounds like the B of A branch manager was operating under the same mentality as the Burger King manager who kicked out a baby earlier this year for not wearing shoes.
  • Bank of America Flag Controversy Illustrates Dangers of Blind Obedience | Business Pundit 2 February 2010 13:45 UTC www.businesspundit.com [Source type: General]

The deal closed 1 July 2007.[34]
.On September 14, 2007, Bank of America won approval from the Federal Reserve to acquire LaSalle Bank Corporation from Netherlands's ABN AMRO for $21 billion.^ Bank of America announced in September that it would acquire Merrill.

^ Below is the Federal Reserve press release on the Bank of America bailout.
  • Bank of America: Bailout hides huge bank subsidy deep in press release text - Credit Writedowns 2 February 2010 13:45 UTC www.creditwritedowns.com [Source type: General]

^ Friday, 14 September 2007 Home Advantage MasterCard from Bank of America .

.With this combination Bank of America will have 1.7 trillion in assets.^ The combination of the two firms pushes Bank of America's assets past $2 trillion.
  • Bank of America (BAC) 2 February 2010 13:45 UTC www.wikinvest.com [Source type: News]

^ The large majority of these assets were assumed by Bank of America as a result of its acquisition of Merrill Lynch.
  • Bank of America: Bailout hides huge bank subsidy deep in press release text - Credit Writedowns 2 February 2010 13:45 UTC www.creditwritedowns.com [Source type: General]

^ The Bank of America boss never signed the deal he cut in January for the U.S. to backstop some $118 billion in Merrill Lynch assets.
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

.A Dutch court blocked the sale until it was later approved in July.^ Update of May 7, 2007: Story of the week was a Dutch court blocking ABN Amro's cynical poison-pill attempted sale of LaSalle to Bank of America, and BofA responding by suing ABN Amro.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

The acquisition was completed on October 1, 2007.
.The deal increased Bank of America's presence in Illinois, Michigan, and Indiana by 411 branches, 17,000 commercial bank clients, 1.4 million retail customers, and 1,500 ATMs.^ Bank of America is not interested in helping their clients.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ Bank of America loses a million customer records .
  • Bank of America loses a million customer records - CNET News 2 February 2010 13:45 UTC news.cnet.com [Source type: General]

^ Bank of America in Lakewood, WA serves Residential, Commercial customers.
  • Bank of America in Lakewood, WA 98499 | 9515 Bridgeport Way Southwest, Lakewood, WA 98499 19 January 2010 9:52 UTC www.superpages.com [Source type: General]

.Bank of America has become the largest bank in the Chicago market with 197 offices and 14% of the deposit share, passing up JPMorgan Chase.^ Bank of America is the largest deposit holder in the U.S. by market share, a position that the firm has held for years.
  • Bank of America (BAC) 2 February 2010 13:45 UTC www.wikinvest.com [Source type: News]

^ BofA passes Chase Manhattan to become the biggest bank in the world.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ (Percent) -0.19 (Change) Billing itself as the "Bank of Opportunity," Charlotte based Bank of America strives to live up to that promise.
  • Bank of America Reviews - B of A - Share Your Opinion - FiLife.com 2 February 2010 13:45 UTC www.filife.com [Source type: General]

LaSalle Bank and LaSalle Bank Midwest branches adopted the Bank of America name on 5 May 2008.[35]

Acquisition of Countrywide Financial

.On August 23, 2007 the company announced a $2 billion repurchase agreement for Countrywide Financial.^ John M. Floyd & Associates (JMFA), a profitability and performance improvement consulting firm for financial institutions, today announced additions to the company's regional sales force.

^ Globalequityreport.com announces an investment report featuring financial services company Citigroup Inc.

^ (Nasdaq:SPCHA) (Nasdaq:SPCHB) today announced that the Company has seen continued progress on its initiatives to improve its financial performance and return the Company to profitability.

.This purchase of preferred stock was arranged to provide a return on investment of 7.25% per annum and provided the option to purchase common stock at a price of $18 per share.^ Bank of America's board of directors has declared a regular quarterly cash dividend on Bank of America common stock of $0.01 per share, payable on March 26, 2010 to shareholders of record as of March 5, 2010.
  • Bank of America News - Topix 2 February 2010 13:45 UTC www.topix.com [Source type: News]

^ If you prefer a 'Zero Down' option, what is the amount of your total liquid assets (savings, 401k, stocks, etc): .
  • Considering A Bank of America Mortgage? 2 February 2010 13:45 UTC www.123-real-estate-los-angeles.com [Source type: General]
  • Bank of America Mortgage: Considering A Bank of America Mortgage? 2 February 2010 13:45 UTC www.123refi.net [Source type: General]

^ Jan 16, 2009 Purchase - Preferred Stock w/ Warrants .
  • Bank of America | Eye on the Bailout | ProPublica 2 February 2010 13:45 UTC bailout.propublica.org [Source type: FILTERED WITH BAYES]

[36]
.On January 11, 2008, Bank of America announced they would buy Countrywide Financial for $4.1 billion.^ That's also why Bank of America was able to buy Countrywide for around $7 per share.
  • Bank of America PAC money behind Dodd's Countrywide loan - Examiner.com 2 February 2010 13:45 UTC www.examiner.com [Source type: News]

^ Could Bank of America Corp.'s proposed buyout of Countrywide Financial Corp.
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

^ They're Bank of America.

[37] .In March 2008, it was reported that the FBI was investigating Countrywide for possible fraud relating to home loans and mortgages.^ This was first a Countrywide home loan.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ In July 2008, BofA acquired Countrywide Financial, which at the end of 2007 had $15.1 billion worth of mortgages in its loan servicing portfolio in foreclosure.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ Mortgage, Home Equity and Insurance Services: In 2008, Mortgage, Home Equity and Insurance Services generated $2.6 billion in net income.
  • Bank of America (BAC) 2 February 2010 13:45 UTC www.wikinvest.com [Source type: News]

[38] .This news did not stop the acquisition, which was completed in July 2008,[39] giving the bank a substantial market share of the mortgage business, and access to Countrywide's resources for servicing mortgages.^ Bank of America CEO Kenneth D, Lewis later claimed that the government ordered him to complete the acquisition, even after he had discovered the losses.
  • Bank of America Corp. - SourceWatch 2 February 2010 13:45 UTC www.sourcewatch.org [Source type: FILTERED WITH BAYES]

^ (Accredited), a nationwide mortgage banking company that originates, finances, sells, securitizes and services nonconforming and subprime mortgage loans."
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ This sounded good, but China put the hex on the market by curbing its overextended businesses by asking lenders to stop making loans for the rest of the month.

[40] .The acquisition was seen as preventing a potential bankruptcy for Countrywide.^ Update of January 14, 2008: Bank of America is arguing that the 10% deposit cap will not prevent its proposed acquisition of Countrywide, since Countrywide holds its deposits in a savings & loan.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.Countrywide, however, denied that it was close to bankruptcy.^ The conspiratorial minded set also believe that this confirms that Countrywide really was as close to bankruptcy as many thought yesterday.
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

Countrywide provided mortgage servicing for nine million mortgages valued at US$1.4 trillion as of December 31, 2007.[41]
.This purchase made Bank of America Corporation the USA's leading mortgage originator and servicer, controlling 20–25% of the home loan market.^ No one else bids so the house is “sold” by Bank of America to Bank of America Home Loan Servicing.
  • Bank of America Foreclosure Shenanigans? « naked capitalism 2 February 2010 13:45 UTC www.nakedcapitalism.com [Source type: General]

^ We originally were with Countrywide Mortgage but they were purchased by Bank of America.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ Bank of America says it made a mistake.
  • http://topics.myfoxboston.com/business/bank-of-america.htm 19 January 2010 9:52 UTC topics.myfoxboston.com [Source type: News]

[42] .The deal was structured to merge Countrywide with the Red Oak Merger Corporation, which Bank of America created as an independent subsidiary.^ Is Bank of America’s acquisition of Countrywide in trouble?
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

^ Stocks slumped Monday as oil prices touched a record $120 a barrel, Microsoft abandoned its bid for Yahoo and analysts speculated that Bank of America could renegotiate or walk away from its deal to buy Countrywide Financial.
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

^ Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
  • SNL Interactive: Briefing Book: Corporate Profile: Bank of America Corporation 19 January 2010 9:52 UTC www1.snl.com [Source type: General]

It has been suggested that the deal was structured this way to prevent a potential bankruptcy stemming from large losses in Countrywide hurting the parent organization by keeping Countrywide bankruptcy remote.[43] .Countrywide Financial has changed its name to Bank of America Home Loans.^ This was first a Countrywide home loan.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ BankAmerica changes its name to Bank of America .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ Could Bank of America Corp.'s proposed buyout of Countrywide Financial Corp.
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

Acquisition of Merrill Lynch

.On September 15, 2008, Bank of America announced its intentions to purchase Merrill Lynch & Co., Inc. in an all-stock deal worth approximately $50 billion, about 86% of the Bank of America stock price at close.^ Bank of America knew something before it closed the deal on Dec.
  • Did Bank of America Mislead Investors? - DealBook Blog - NYTimes.com 2 February 2010 13:45 UTC dealbook.blogs.nytimes.com [Source type: FILTERED WITH BAYES]

^ Bank of America finalized its purchase of Merrill Lynch on January 1, 2009, for $50 billion.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ In mid-2008 Bank of America acquired Countrywide Financial in a stock deal.
  • Bank of America Reviews - B of A - Share Your Opinion - FiLife.com 2 February 2010 13:45 UTC www.filife.com [Source type: General]

.Merrill Lynch was at the time within days of collapse, and the acquisition effectively saved Merrill from bankruptcy.^ Over the course of the next several days, details began to emerge concerning the truth behind BofA's deal with Merrill Lynch, including the fact that BofA had learned of Merrill Lynch's substantial fourth quarter losses prior to completing its acquisition of Merrill Lynch.
  • BANK OF AMERICA CORP (BAC): Stock Quote & Company Profile - BusinessWeek 19 January 2010 9:52 UTC investing.businessweek.com [Source type: News]

^ BAC plans to acquire Merrill Lynch (MER) for approximately $20B. Until the offer, Merrill Lynch neared bankruptcy after owning over $40B in sub-prime tainted bonds.
  • Bank of America (BAC) 2 February 2010 13:45 UTC www.wikinvest.com [Source type: News]

^ Within sixty (60) days of the Effective Date, Claimants shall provide Bank of America with a list of media and organizations to whom the announcement should be distributed.
  • Bank of America California and Florida Agreement - Law Office of Lainey Feingold 2 February 2010 13:45 UTC lflegal.com [Source type: FILTERED WITH BAYES]

[44] .Around the same time Bank of America was reportedly also in talks to purchase Lehman Brothers, however a lack of government guarantees caused the bank to abandon talks with Lehman.^ At the time of its purchase by Bank of America was leveraged at a ratio of 35.5 to 1.
  • Bank of America Corp. - SourceWatch 2 February 2010 13:45 UTC www.sourcewatch.org [Source type: FILTERED WITH BAYES]

^ Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world.
  • SNL Interactive: Briefing Book: Corporate Profile: Bank of America Corporation 19 January 2010 9:52 UTC www1.snl.com [Source type: General]

^ That is why the Wall Street Investment Bankers that caused this financial meltdown converted and became commercial banks for the protection of the government to continue their outrageous and aberrant behavior.
  • Bank of America ramps up spending on lobbying | Business - cleveland.com 2 February 2010 13:45 UTC www.cleveland.com [Source type: News]

[45] .Lehman Brothers filed for bankruptcy the same day Bank of America announced its plans to acquire Merrill Lynch.^ Bank of America has announced it has agreed to acquire Merrill Lynch & Co., Inc.
  • Bank of America - Payments News Archive 2 February 2010 13:45 UTC www.paymentsnews.com [Source type: News]

^ Bank of America Corp acquires a minority stake in DSP Merrill Lynch Ltd .
  • Bank of America Corporation - Charlotte NC United States - Company Snapshot - AlacraStore.com 2 February 2010 13:45 UTC www.alacrastore.com [Source type: News]

^ Bank of America announced in September that it would acquire Merrill.

[46] .This acquisition made Bank of America the largest financial services company in the world.^ How have they fared since the company’s acquisition by Bank of America?

^ Is Bank of America’s acquisition of Countrywide in trouble?
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

^ Bank of america is the worst bank in the world.
  • Bank of America grappling with more network woes | NetworkWorld.com Community 2 February 2010 13:45 UTC www.networkworld.com [Source type: General]

[47] .Temasek Holdings, the largest shareholder of Merrill Lynch & Co., Inc., briefly became one of the largest shareholders of Bank of America,[48], with a 3% stake.^ Merrill Lynch Japan Finance acquires a minority stake in Resona Holdings Inc .
  • Bank of America Corporation - Charlotte NC United States - Company Snapshot - AlacraStore.com 2 February 2010 13:45 UTC www.alacrastore.com [Source type: News]

^ This plays to the brand and strength of Bank of America Merrill Lynch.
  • Merrill Lynch - can Bank of America make it work? - The Banker 2 February 2010 13:45 UTC www.thebanker.com [Source type: News]

^ Merrill Lynch - can Bank of America make it work?
  • Merrill Lynch - can Bank of America make it work? - The Banker 2 February 2010 13:45 UTC www.thebanker.com [Source type: News]

However, taking a loss Reuters estimated at $3Bn, the Singapore sovereign wealth fund sold its whole stake in Bank of America in 1st q., 2009.[49]
.Shareholders of both companies approved the acquisition on December 5, 2008, and the deal closed January 1, 2009.[50] Bank of America had planned to retain various members of Thain's management team after the merger.^ Bank of America knew something before it closed the deal on Dec.
  • Did Bank of America Mislead Investors? - DealBook Blog - NYTimes.com 2 February 2010 13:45 UTC dealbook.blogs.nytimes.com [Source type: FILTERED WITH BAYES]

^ Keemo on January 16, 2009 at 8:50 AM .
  • Hot Air » Blog Archive » Bank of America latest recipient of Bailout Mania 2 February 2010 13:45 UTC hotair.com [Source type: General]

^ How have they fared since the company’s acquisition by Bank of America?

[51] However, after Thain was removed from his position, most of his allies left. .The departure of Nelson Chai, who had been named Asia-Pacific president, left just one of Thain's hires in place, Tom Montag as head of sales and trading.^ McColl, who started out as president of a small southern bank called North Carolina National Bank , built one of the great banking empires in American history.

^ Merrill lost $15.3 billion during the period, and the run-up in losses was concentrated in the firm's sales and trading department, run by Tom Montag, who was hired by Mr. Thain in 2008 to run that division.
  • Bank of America Goes on Offense - WSJ.com 19 January 2010 9:52 UTC online.wsj.com [Source type: News]

^ Tom Montag" Niemczyk as global head of asset management investment banking from UBS, where he had the same role.
  • Merrill Lynch - can Bank of America make it work? - The Banker 2 February 2010 13:45 UTC www.thebanker.com [Source type: News]

[52]
.The Bank, in its January 16, 2009 earnings release, revealed massive losses at Merrill Lynch in the fourth quarter, which necessitated an emergency government bailout of the Bank to keep it solvent.^ January 16, 2009 at 8:07 AM .
  • Hot Air » Blog Archive » Bank of America latest recipient of Bailout Mania 2 February 2010 13:45 UTC hotair.com [Source type: General]

^ January 16, 2009 at 10:20 AM .
  • Hot Air » Blog Archive » Bank of America latest recipient of Bailout Mania 2 February 2010 13:45 UTC hotair.com [Source type: General]

^ January 16, 2009 .
  • Bank of America Gets $20 Billion More: Why the Rush? - Money Beat 2 February 2010 13:45 UTC blogs.abcnews.com [Source type: General]

.Merrill recorded an operating loss of $21.5 billion in the quarter, mainly in its sales and trading operations, led by Tom Montag.^ The reported loss is largely due to the effects of fourth quarter adjustments to the fair value of interest rate derivative contracts that are reported as expenses on the Company's statement of operations.

^ Through the first three quarters of 2009 Merrill has been responsible for about $2.2 billion in profit which is equal to one third of Bank of America's ( BAC ) earnings.
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]

^ Merrill lost $15.3 billion during the period, and the run-up in losses was concentrated in the firm's sales and trading department, run by Tom Montag, who was hired by Mr. Thain in 2008 to run that division.
  • Bank of America Goes on Offense - WSJ.com 19 January 2010 9:52 UTC online.wsj.com [Source type: News]

.The Bank also disclosed it tried to abandon the deal in December after the extent of Merrill's trading losses surfaced, but was compelled to complete the merger by the U.S. government.^ Bank of America CEO Kenneth D, Lewis later claimed that the government ordered him to complete the acquisition, even after he had discovered the losses.
  • Bank of America Corp. - SourceWatch 2 February 2010 13:45 UTC www.sourcewatch.org [Source type: FILTERED WITH BAYES]

^ Bank of America maintains it went back to the government for more support because of larger-than-expected fourth-quarter losses at Merrill Lynch and that the problems came to light after shareholders approved the Bank of America-Merrill combination on Dec.
  • Bank of America Goes on Offense - WSJ.com 19 January 2010 9:52 UTC online.wsj.com [Source type: News]

^ The Securities & Exchange Commission filed new charges against Bank of America ( BAC ) today, accusing the company of hiding "staggering financial losses" at Merrill Lynch prior to the consummation of the merger between the two companies.

.The Bank's stock price sank to $7.18, its lowest level in 17 years, after announcing earnings and the Merrill mishap.^ The news came hours before the bank hurriedly released its earnings for the last three months of 2008 and for the year.
  • Bank of America Gets $20 Billion More: Why the Rush? - Money Beat 2 February 2010 13:45 UTC blogs.abcnews.com [Source type: General]

^ The bill would require banks to submit one, three- and five-year estimates of how staffing levels would be affected by a big bank merger.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners.
  • Bank of America (BAC) 2 February 2010 13:45 UTC www.wikinvest.com [Source type: News]

.The market capitalization of Bank of America, including Merrill Lynch, was then $45 billion, less than the $50 billion it offered for Merrill just four months earlier, and down $108 billion from the merger announcement.^ Bank of America finalized its purchase of Merrill Lynch on January 1, 2009, for $50 billion.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ Merrill Lynch and investment bank leverage .
  • Bank of America Corp. - SourceWatch 2 February 2010 13:45 UTC www.sourcewatch.org [Source type: FILTERED WITH BAYES]

^ This plays to the brand and strength of Bank of America Merrill Lynch.
  • Merrill Lynch - can Bank of America make it work? - The Banker 2 February 2010 13:45 UTC www.thebanker.com [Source type: News]

.Bank of America CEO Kenneth Lewis testified before Congress[13] that he had some misgivings about the acquisition of Merrill Lynch, and that federal officials pressured him to proceed with the deal or face losing his job and endangering the bank's relationship with federal regulators.^ Bank of America knew something before it closed the deal on Dec.
  • Did Bank of America Mislead Investors? - DealBook Blog - NYTimes.com 2 February 2010 13:45 UTC dealbook.blogs.nytimes.com [Source type: FILTERED WITH BAYES]

^ Bank of America is losing a brilliant leader’ .
  • FT Alphaville » bank of america 2 February 2010 13:45 UTC ftalphaville.ft.com [Source type: General]

^ Strip the Fed of its bank regulation powers, some in Congress are demanding.
  • Bank of America TARP Repayment Premature, Analyst Says 2 February 2010 13:45 UTC www.huffingtonpost.com [Source type: General]

[53]
.Lewis' statement is backed up in internal emails subpoenaed by Republican lawmakers on the House Oversight Committee.^ In a court filing made yesterday, according to the Wall Street Journal , Cuomo included a November 24th letter, sent by Merrill to a House oversight committee, assuring lawmakers that no decisions on yearly bonuses had yet been made.

^ The House Oversight committee, chaired at the time by Rep.

^ Some journalists and Republican lawmakers are asking if Countrywide bought a bailout bill with its VIP loans to Dodd, who is chairman of the Senate Banking Committee .
  • Bank of America PAC money behind Dodd's Countrywide loan - Examiner.com 2 February 2010 13:45 UTC www.examiner.com [Source type: News]

[54] In one of the emails, Richmond Federal Reserve President Jeffrey Lacker threatened that if the acquisition did not go through, and later Bank of America were forced to request federal assistance, the management of Bank of America would be "gone". Other emails, read by Congressman Dennis Kucinich during the course of Lewis' testimony, state that Mr. Lewis had foreseen the outrage from his shareholders that the purchase of Merrill would cause, and asked government regulators to issue a letter stating that the government had ordered him to complete the deal to acquire Merrill. .Lewis, for his part, states he didn't recall requesting such a letter.^ Within thirty (30) days of Claimants’ request, Bank of America shall provide such information to Claimants or state objections to same in writing.
  • Bank of America California and Florida Agreement - Law Office of Lainey Feingold 2 February 2010 13:45 UTC lflegal.com [Source type: FILTERED WITH BAYES]

.The acquisition made Bank of America the number one underwriter of global high-yield debt, the third largest underwriter of global equity and the ninth largest adviser on global mergers and acquisitions.^ Is Bank of America’s acquisition of Countrywide in trouble?
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

^ Bank of America says it made a mistake.
  • http://topics.myfoxboston.com/business/bank-of-america.htm 19 January 2010 9:52 UTC topics.myfoxboston.com [Source type: News]

^ One of the largest banks in the US by assets (along with Citigroup and JPMorgan Chase), Bank of America boasts the country's most extensive branch network, with more than 6,100 ...
  • BAC: BANK OF AMERICA CORPORATION Stock Quote 2 February 2010 13:45 UTC finance.aol.com [Source type: General]

[55] As the credit crisis eased, losses at Merrill Lynch subsided, and the subsidiary generated 3.7 billion of Bank of America's 4.2 billion in profit by the end of Q1 2009, and over 25 percent in the Q3 2009.[56][57]
Bonus settlement
.On August 3, 2009, Bank of America agreed to pay a $33 million fine, without admission or denial of charges, to the U.S. Securities and Exchange Commission (SEC) over the non-disclosure of an agreement to pay up to $5.8 billion of bonuses at Merrill.^ Bank of America: April 2009 » .

^ Bank of America finalized its purchase of Merrill Lynch on January 1, 2009, for $50 billion.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ Bank of America: March 2009 .

The bank approved the bonuses before the merger but did not disclose them to its shareholders when the shareholders were considering approving the Merrill acquisition, in December 2008. The issue was originally investigated by New York State Attorney General Andrew Cuomo, who commented after the suit and announced settlement that "the timing of the bonuses, as well as the disclosures relating to them, constituted a 'surprising fit of corporate irresponsibility'" and "our investigation of these and other matters pursuant to New York’s Martin Act will continue." Congressman Kucinich commented at the same time that "This may not be the last fine that Bank of America pays for how it handled its merger of Merrill Lynch."[58] .A federal judge, Jed Rakoff, in an unusual action, refused to approve the settlement on August 5.[59] A first hearing before the judge on August 10 was at times heated, and he was "sharply critic[al]" of the bonuses.^ Bravin discusses the recent rejection by Judge Jed Rakoff of the out-of-court settlement between the SEC and Bank of America (BAC) in which BofA was to pay a miniscule $33 million fine.

^ Manhattan Federal District Court Judge Jed Rakoff refused to approve Monday’s Bank of America’s deal with the SEC be cause it may be unfair to the public to accept the settlement.

^ In early September, Federal district judge Jed Rakoff took the unusual step of rejecting a $33m settlement levied by the Securities and Exchanges Commission (SEC), saying that BofA should face a full investigation, not get a "slap on the wrist".
  • Merrill Lynch - can Bank of America make it work? - The Banker 2 February 2010 13:45 UTC www.thebanker.com [Source type: News]

David Rosenfeld represented the SEC, and Lewis J. Liman, son of Arthur L. Liman, represented the bank. .The actual amount of bonuses paid was $3.6 billion, of which $850 million was "guaranteed" and the rest was shared amongst 39,000 workers who received average payments of $91,000; 696 people received more than $1 million in bonuses; at least one person received a more than $33 million bonus.^ Partial payment will not be made on more than one account.
  • 10,000 HawaiianMiles Bonus - Bank of America: Hawaiian Airlines Business Card; Exp-unknown - iBankDesign 19 January 2010 9:52 UTC ibankdesign.com [Source type: General]

^ It's estimated that the bonus pool of just one of these big banks would have been enough money to prevent or significantly delay foreclosure for all 2.3 million people who lost their homes last year.
  • Bank Of America : Pictures, Videos, Breaking News 2 February 2010 13:45 UTC www.huffingtonpost.com [Source type: General]

^ Earlier this month, Time Warner reported that tapes containing Social Security and other personal information on 600,000 current and former workers were missing.
  • Former Bank Employees Are Charged In Data Heist -- Data Theft -- InformationWeek 19 January 2010 9:52 UTC www.informationweek.com [Source type: News]

[60]
.On September 14, the judge rejected the settlement and told the parties to prepare for trial to begin no later than February 1, 2010. "The judge focused much of his criticism on the fact that the fine in the case would be paid by the bank’s shareholders, who were the ones that were supposed to have been injured by the lack of disclosure.^ McColl, who started out as president of a small southern bank called North Carolina National Bank , built one of the great banking empires in American history.

^ Bravin discusses the recent rejection by Judge Jed Rakoff of the out-of-court settlement between the SEC and Bank of America (BAC) in which BofA was to pay a miniscule $33 million fine.

^ E.g., despite its large portfolio of at-risk mortgages, as of September, 2009 Bank of America had started trial mortgage modifications for only 7% of the 835,680 borrowers in its portfolio who are eligible for the Obama Administration's Making Home Affordable Program.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

.'It is quite something else for the very management that is accused of having lied to its shareholders to determine how much of those victims’ money should be used to make the case against the management go away,' the judge wrote.^ Make money on those, and you get paid.

^ All the Executive Managment should take a pay cut (Call Center Exec make $100,000,00 and are never there to Manage.
  • Did Bank of America Mislead Investors? - DealBook Blog - NYTimes.com 2 February 2010 13:45 UTC dealbook.blogs.nytimes.com [Source type: FILTERED WITH BAYES]

^ Logic says the bank should reward me--after all, the bank is using for gain something that belongs to me.

... .The proposed settlement, the judge continued, 'suggests a rather cynical relationship between the parties: the S.E.C. gets to claim that it is exposing wrongdoing on the part of the Bank of America in a high-profile merger; the bank’s management gets to claim that they have been coerced into an onerous settlement by overzealous regulators.^ But Bank of America offers continued to get through.
  • I was Bank of America's bitch ... but no longer 2 February 2010 13:45 UTC www.walletpop.com [Source type: General]

^ They're Bank of America.

^ Bank of America gets another $20B .
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

And all this is done at the expense, not only of the shareholders, but also of the truth.'"[61]
.While ultimately deferring to the SEC, in February, 2010, Judge Rakoff approved a revised settlement with a $150 million fine "reluctantly," calling the accord "half-baked justice at best" and "inadequate and misguided."^ Bravin discusses the recent rejection by Judge Jed Rakoff of the out-of-court settlement between the SEC and Bank of America (BAC) in which BofA was to pay a miniscule $33 million fine.

^ Manhattan Federal District Court Judge Jed Rakoff refused to approve Monday’s Bank of America’s deal with the SEC be cause it may be unfair to the public to accept the settlement.

^ Update of February 5, 2007: Bank of America's offshore tax shelter scheme has led to a too-small $3 million fine for money-laundering.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.Addressing one of the concerns he raised in September, the fine will be "distributed only to Bank of America shareholders harmed by the non-disclosures, or 'legacy shareholders,' [and it's also] an improvement on the prior $33 million while still 'paltry,' according to the judge."^ While Earls expressed relief that the bank is now flying the American flag, she added, "That one moment in time when they took them down is a sad moment in America."
  • FOXNews.com - Bank of America Draws Fire for Pulling U.S. Flags From Property 2 February 2010 13:45 UTC www.foxnews.com [Source type: News]

^ Through the first three quarters of 2009 Merrill has been responsible for about $2.2 billion in profit which is equal to one third of Bank of America's ( BAC ) earnings.
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]

^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

Case: SEC v. .Bank of America Corp., 09-cv-06829, United States District Court for the Southern District of New York.^ New York Post - New York NY Bank of America takes a hit .
  • BAC: BANK OF AMERICA CORPORATION Blogs 2 February 2010 13:45 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ In July 2009, New York Attorney General Andrew Cuomo reported that, among other things, the compensation structures at most banks were "a major impet...
  • Bank Of America : Pictures, Videos, Breaking News 2 February 2010 13:45 UTC www.huffingtonpost.com [Source type: General]

[62]
.Investigations also were held on this issue in the United States House Committee on Oversight and Government Reform[61], under chairman Edolphus Towns (D-NY)[63] and in its investigative Domestic Policy Subcommittee under Kucinich.^ Meanwhile, Chilean Judge Sergio Muoz, investigating Pinochet’s finances, is seeking records and additional information from the governments of the United States, Switzerland, Luxembourg, United Kingdom, Bahamas, Germany, Panama, Spain and Gibraltar.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ The House Committee on Oversight and Government Reform and Investigations was preparing for a hearing as The Banker went to press, which would call several current and former Federal regulators and BofA officials to testify.
  • Merrill Lynch - can Bank of America make it work? - The Banker 2 February 2010 13:45 UTC www.thebanker.com [Source type: News]

^ Edolphus Towns (D-NY) requested that Bank of America CEO Kenneth Lewis turn over documents related to Bank of America’s purchase of Merrill Lynch, as part of the Committee’s ongoing investigation into Bank of America executives' knowledge of the losses that were subsequently revealed at Merrill Lynch and how they reacted to those losses.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

[64]

Federal bailout

.Bank of America received US $20 billion in the federal bailout from the US government through the Troubled Asset Relief Program (TARP) on 16 January 2009 and also got guarantee of US $118 billion in potential losses at the company.^ Under the deal, Bank of America will cover the first $10 billion of losses under this guarantee program and the government will cover 90 percent of any subsequent losses.
  • Did Bank of America Mislead Investors? - DealBook Blog - NYTimes.com 2 February 2010 13:45 UTC dealbook.blogs.nytimes.com [Source type: FILTERED WITH BAYES]

^ January 16, 2009 at 8:07 AM .
  • Hot Air » Blog Archive » Bank of America latest recipient of Bailout Mania 2 February 2010 13:45 UTC hotair.com [Source type: General]

^ But Bank of America offers continued to get through.
  • I was Bank of America's bitch ... but no longer 2 February 2010 13:45 UTC www.walletpop.com [Source type: General]

[65] .This was in addition to the $25 billion given to them in the Fall of 2008 through TARP. The additional payment was part of a deal with the US government to preserve Bank of America's merger with the troubled investment firm Merrill Lynch.^ The subject at hand: that merger with Merrill Lynch.
  • FT Alphaville » bank of america 2 February 2010 13:45 UTC ftalphaville.ft.com [Source type: General]

^ Bank of America finalized its purchase of Merrill Lynch on January 1, 2009, for $50 billion.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ The U.S. government has agreed to commit billions in additional aid to Bank of America Corp.
  • The Big Picture » Blog Archive » Time to Fire Ken Lewis of Bank of America 2 February 2010 13:45 UTC www.ritholtz.com [Source type: General]

[66] .Since then, members of the US Congress have expressed considerable concern about how this money has been spent, especially since some of the recipients have been accused of misusing the bailout money.^ It’s all about money, it’s not about us.
  • WHAAAAAT? Bailed Out Bank Of America Paying Consumers To See Hollywood Film – Deadline.com 2 February 2010 13:45 UTC www.deadline.com [Source type: FILTERED WITH BAYES]

^ Meantime, how’s some of the money these banks have soaked up being spent?
  • Michelle Malkin » Middle of the night bailout for Bank of America; TARP investigation of BoA and Citigroup/Jesse Jackson event requested 2 February 2010 13:45 UTC michellemalkin.com [Source type: News]

^ The CEOs of the eight banks that received the most bailout money are about to testify before the House Financial Services committee, starting any minute.

[67] The Bank's CEO, Ken Lewis, was quoted as claiming "We are still lending, and we are lending far more because of the TARP program." Members of the US House of Representatives, however, were skeptical and quoted many anecdotes about loan applicants (particularly small business owners) being denied loans and credit card holders facing stiffer terms on the debt in their card accounts.
.According to a March 15, 2009 article in The New York Times, Bank of America received an additional $5.2 billion in government bailout money, channeled through American International Group.^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ Bank of America: February 2009 .

^ Eastern time in New York City.

[68]
.As a result of its federal bailout and management problems, The Wall Street Journal reported that the Bank of America was operating under a secret “memorandum of understanding” (MOU) from the US government that requires it to ”overhaul its board and address perceived problems with risk and liquidity management.” With the federal action, the institution has taken several steps, including arranging for six of its directors to resign and forming a Regulatory Impact Office.^ The financial institutions invited -- and now challenged -- included Bank of America.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Wall Street in the past six months.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ CNNMoney: Banks boost Wall Street .
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

.Bank of America faces several deadlines in July and August and if not met, could face harsher penalties by federal regulators.^ Susan Says: August 4th, 2009 at 1:12 pm Bank of America has been charging and I have been paying all along an insurance premium.
  • Bank of America Overdraft Fee Class Action Settlement » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

^ Group Challenges Bank of America Deal,” by Damian Paletta, American Banker, July 12, 2005 .
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Billionaire's Citigroup Stake After hours: Federal Regulators close more banks; FDA cites Genzyme.
  • Forbes.com Video Network | Markets: Bank Of America Escapes Feds 2 February 2010 13:45 UTC video.forbes.com [Source type: General]

.Bank of America did not respond to The Wall Street Journal story.^ The Wall Street Journal reports ( sub.

^ After the robbery at the Bank of America on the street in Waltham.
  • http://topics.myfoxboston.com/business/bank-of-america.htm 19 January 2010 9:52 UTC topics.myfoxboston.com [Source type: News]

^ Update of January 3, 2005: In the Bank of America investigation, as described in the Wall Street Journal last week, the Manhattan district attorney says that BofA has transferred hundreds of millions of dollars for a money transmitter in Uruguay called Lespan SA and its affiliates.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

[69]
.On December 2, 2009, Bank of America announced it would repay the entire US $45 billion they received in TARP and exit the program, using $26.2 billion of excess liquidity along with $18.6 billion to be gained in "common equivalent securities" (Tier 1 capital)).^ Bank of America: February 2009 .

^ Dec 9, 2009 Bank of America Repays $45 Billion .
  • Bank of America | Eye on the Bailout | ProPublica 2 February 2010 13:45 UTC bailout.propublica.org [Source type: FILTERED WITH BAYES]

^ Bank of America returns all $45 billion to the Treasury.
  • Bank of America | Eye on the Bailout | ProPublica 2 February 2010 13:45 UTC bailout.propublica.org [Source type: FILTERED WITH BAYES]

.The bank announced it had completed the repayment on December 9. Bank of America Ken Lewis said during the announcement, "We appreciate the critical role that the U.S. government played last fall in helping to stabilize financial markets, and we are pleased to be able to fully repay the investment, with interest...^ Bank of America is not interested in helping their clients.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ Bank of America is the nation’s first coast-to-coast bank, and it ranks third in size by assets (falling behind Citigroup and J.P. Morgan).
  • Oneshare.com - Buy One Share of Bank of America Stock 2 February 2010 13:45 UTC www.oneshare.com [Source type: General]

^ The seven companies are Bank of America Corp., American International Representatives for Chrysler Financial, Bank of America , Citigroup and AIG declined to lobbyists earlier this month said Bank of America , Citigroup, GMAC Financial Services ...
  • http://topics.myfoxboston.com/business/bank-of-america.htm 19 January 2010 9:52 UTC topics.myfoxboston.com [Source type: News]

.As America's largest bank, we have a responsibility to make good on the taxpayers' investment, and our record shows that we have been able to fulfill that commitment while continuing to lend."^ But Bank of America offers continued to get through.
  • I was Bank of America's bitch ... but no longer 2 February 2010 13:45 UTC www.walletpop.com [Source type: General]

^ In it, Bank of America makes this argument: .
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ So much for the Bank of America securities players hoping to make it to the show.
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

[70][71] On December 16, 2009, Brian Moynihan was named Bank of America's next CEO, and he assumed the position on January 1, 2010.

Bank of America divisions

Bank of America ATM
Bank of America branch in Lowell, MA
.Bank of America generates 90% of its revenues in its domestic market and continues to buy businesses in the US. The core of Bank of America's strategy is to be the number one bank in its domestic market.^ But Bank of America offers continued to get through.
  • I was Bank of America's bitch ... but no longer 2 February 2010 13:45 UTC www.walletpop.com [Source type: General]

^ Bank of America is a BBB Accredited business.
  • BBB Review of Bank of America in Charlotte, NC 19 January 2010 9:52 UTC www.bbb.org [Source type: FILTERED WITH BAYES]

^ CNNMoney: Bank of America to buy Merrill .
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

It has achieved this through key acquisitions.[72]

Consumer

.Global Consumer and Small Business Banking (GC&SBB) is the largest division in the company, and deals primarily with consumer banking and credit card issuance.^ Business credit card bonuses .
  • 10,000 HawaiianMiles Bonus - Bank of America: Hawaiian Airlines Business Card; Exp-unknown - iBankDesign 19 January 2010 9:52 UTC ibankdesign.com [Source type: General]

^ High rate, subprime accounts make up one-third of Bank of America's credit card portfolio...
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ BankDesign > Personal Finance > Credit cards > Credit card bonuses > Travel business bonuses .
  • 10,000 HawaiianMiles Bonus - Bank of America: Hawaiian Airlines Business Card; Exp-unknown - iBankDesign 19 January 2010 9:52 UTC ibankdesign.com [Source type: General]

.The acquisition of FleetBoston and MBNA significantly expanded its size and range of services, resulting in about 51% of the company's total revenue in 2005. It competes directly with the retail banking divisions of Citigroup and JPMorgan Chase.^ Evercore Partners Inc was rumored to be planning to acquire the special fiduciary services division of Charlotte-based Bank of America Corp.
  • Bank of America Corporation - Charlotte NC United States - Company Snapshot - AlacraStore.com 2 February 2010 13:45 UTC www.alacrastore.com [Source type: News]

^ BBB processed a total of 6891 complaints about Bank of America in the last 36 months, our standard reporting period.
  • BBB Review of Bank of America in Charlotte, NC 19 January 2010 9:52 UTC www.bbb.org [Source type: FILTERED WITH BAYES]

^ In other words, Bank of America shareholders should be happy about one thing — their company is getting a good deal.
  • Did Bank of America Mislead Investors? - DealBook Blog - NYTimes.com 2 February 2010 13:45 UTC dealbook.blogs.nytimes.com [Source type: FILTERED WITH BAYES]

.The GC&SBB organization includes over 6,100 retail branches and over 18,700 ATMs across the United States.^ The company provides unmatched convenience in the United States, serving more than 55 million consumer and small business relationships with more than 5,700 retail banking offices, through more than 17,000 ATMs and award-winning online banking with more than 21 million active users.
  • Bank of America Announces $20 Billion Environmental Initiative 2 February 2010 13:45 UTC www2.prnewswire.com [Source type: News]

^ C. Bank of America does business in California, in Florida and in other states across the United States.
  • Bank of America California and Florida Agreement - Law Office of Lainey Feingold 2 February 2010 13:45 UTC lflegal.com [Source type: FILTERED WITH BAYES]

.Bank of America is a member of the Global ATM Alliance, a joint venture of several major international banks that allows customers of the banks to use their ATM card or check card at another bank within the Global ATM Alliance with no ATM access fees when traveling internationally.^ Bank of America on the Forbes Global 2000 Banking .
  • Bank of America Corp Company Information - Forbes.com 19 January 2010 9:52 UTC www.forbes.com [Source type: News]

^ "Bank of America has made some investments internationally -- mainly partnerships or joint ventures.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Then fees for ATM use, then check fees.
  • Bank of America Raises Fees on Checking Accounts » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

.Other participating banks are Barclays (United Kingdom), BNP Paribas (France), China Construction Bank (China), Deutsche Bank (Germany), Santander Serfin (Mexico), Scotiabank (Canada) and Westpac (Australia and New Zealand).^ Now the Journal says no bid is expected from HSBC. Others who aren’t “expected to participate” include Goldman Sachs, France’s BNP Paribas, Germany’s Deutsche Bank, and Spain’s Banco Santander.
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

^ Global Credit Research Announcement ## DEC #### Announcement: BNP Paribas Moody's: Wholesale I-Banks' outlook remains negative, despite improving performance New York, December ##, #### -- Despite ####'s improved performance at many firms, the outlooks on the credit ratings … .
  • Bank of America Corporation - Charlotte NC United States - Company Snapshot - AlacraStore.com 2 February 2010 13:45 UTC www.alacrastore.com [Source type: News]

^ CHINA - Bank of America Corp (BA) partially exercised its option to raise its stake to ##.##% from #.##%, by acquiring a #.##% stake or # bil ordinary shares, in China Construction Bank Corp (CC), a ##.# … .
  • Bank of America Corporation - Charlotte NC United States - Company Snapshot - AlacraStore.com 2 February 2010 13:45 UTC www.alacrastore.com [Source type: News]

[73] .This feature is restricted to withdrawals using a debit card, though credit card withdrawals are still subject to cash advance fees and foreign currency conversion fees.^ Glad I don’t use credits cards for getting cash.
  • Bank of America Raises Fees on Checking Accounts » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

^ Debit card is suppose to be like cash.
  • Bank of America Overdraft Fee Class Action Settlement » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

^ Cash back credit card programs .
  • 10,000 HawaiianMiles Bonus - Bank of America: Hawaiian Airlines Business Card; Exp-unknown - iBankDesign 19 January 2010 9:52 UTC ibankdesign.com [Source type: General]

.Additionally, some foreign ATMs use Smart Card technology and may not accept non-Smart Cards.^ Some people just cannnot use debit cards.
  • Bank of America Overdraft Fee Class Action Settlement » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

^ Before using the system, the bank stores a customer's online banking login, passcode and fingerprint on the chip attached to a multi-application smart card.
  • Bank of America Offers Fingerprint Access to Online Banking - InternetNews.com 19 January 2010 9:52 UTC www.internetnews.com [Source type: News]

^ The missing tapes include information on federal employees who use Bank of America ``smart pay'' program charge cards for travel and expenses.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.Bank of America offers banking and brokerage products as a result of the acquisition of Merrill Lynch.^ This money was originally designated for Merrill Lynch, which Bank of America acquired.
  • Bank of America | Eye on the Bailout | ProPublica 2 February 2010 13:45 UTC bailout.propublica.org [Source type: FILTERED WITH BAYES]

^ Most of these assets were assumed by Bank of America in its acquisition of Merrill Lynch.
  • Michelle Malkin » Middle of the night bailout for Bank of America; TARP investigation of BoA and Citigroup/Jesse Jackson event requested 2 February 2010 13:45 UTC michellemalkin.com [Source type: News]

^ Acquisitions of Countrywide Financial and Merrill Lynch were, at the time, thought to be advantageous to Bank of America.
  • Thinking the Impossible: Could Bank of America Go to Zero? -- Seeking Alpha 19 January 2010 9:52 UTC seekingalpha.com [Source type: General]

.Savings programs such as "Add it Up"[74] and "Keep the Change" have been well received and are a reflection of the product development banks have taken during the 2008 recession.^ (Percent) -0.19 (Change) Billing itself as the "Bank of Opportunity," Charlotte based Bank of America strives to live up to that promise.
  • Bank of America Reviews - B of A - Share Your Opinion - FiLife.com 2 February 2010 13:45 UTC www.filife.com [Source type: General]

^ Product Descriptions Bank of America Associate Discount Program attempts to be as accurate as possible.

^ BAC and MasterCard agree to work together, **** during the Term to develop MasterCard Card products and programs to be offered through BAC’s ****.
  • Amended and Restated Customer Business Agreement 19 January 2010 9:52 UTC www.sec.gov [Source type: Original source]

.Bank of America, N.A is a nationally chartered bank, regulated by the Office of the Comptroller of the Currency, Department of the Treasury.^ Yet, On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, the Comptroller of the Currency and the Secretary of the United States Treasury for criminal acts.
  • 75% Of Latest Bank Of America Bailout Used To Pay Merrill Lynch Bonuses (BAC) 2 February 2010 13:45 UTC www.businessinsider.com [Source type: Original source]

^ Discussions over these funds began in mid-December when Bank of America approached the Treasury Department.
  • The Big Picture » Blog Archive » Time to Fire Ken Lewis of Bank of America 2 February 2010 13:45 UTC www.ritholtz.com [Source type: General]

^ The interim Bank of America national agreement and the final Bank of America national agreement are posted in the Settlement Agreement Category.
  • Bank of America California and Florida Agreement - Law Office of Lainey Feingold 2 February 2010 13:45 UTC lflegal.com [Source type: FILTERED WITH BAYES]

Corporate

.Before Bank of America's acquisition of Merrill Lynch, the Global Corporate and Investment Banking (GCIB) business operated as Banc of America Securities LLC. The bank's investment banking activities operate under the Merrill Lynch subsidiary and provided mergers and acquisitions advisory, underwriting, capital markets, as well as sales & trading in fixed income and equities markets.^ Bank of America on the Forbes Global 2000 Banking .
  • Bank of America Corp Company Information - Forbes.com 19 January 2010 9:52 UTC www.forbes.com [Source type: News]

^ Most of these assets were assumed by Bank of America in its acquisition of Merrill Lynch.
  • Michelle Malkin » Middle of the night bailout for Bank of America; TARP investigation of BoA and Citigroup/Jesse Jackson event requested 2 February 2010 13:45 UTC michellemalkin.com [Source type: News]

^ Certain activities and services referred to in this press release are provided by Banc of America Securities LLC and other affiliates of Bank of America Corporation.
  • Bank of America Announces $20 Billion Environmental Initiative 2 February 2010 13:45 UTC www2.prnewswire.com [Source type: News]

.Its strongest groups include Leveraged Finance, Syndicated Loans, and mortgage-backed securities.^ Following the Countrywide acquisition, BofA became the largest underwriter of mortgage-backed securities in the country.
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ Well, it controls OwnIt Mortgage Solutions, which last week priced a $687 million subprime mortgage-backed securities deal.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ The Fed has purchased some $850 billion worth of mortgage-backed securities since last year.
  • Bank of America TARP Repayment Premature, Analyst Says 2 February 2010 13:45 UTC www.huffingtonpost.com [Source type: General]

.It also has one of the largest research teams on Wall Street.^ In order to save a Wall Street brokerage, the feds spread the risk to one of the country's largest deposit-taking banks.
  • Busting Bank of America - WSJ.com 2 February 2010 13:45 UTC online.wsj.com [Source type: News]

^ You'd think Wall Street's mood would be one of jubilation.
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

.Bank of America Securities LLC is based in New York City, with major offices also located in Charlotte, Chicago, San Francisco, Tokyo, Frankfurt, London, and Mumbai.^ Eastern time in New York City.

^ New York Post - New York NY Bank of America takes a hit .
  • BAC: BANK OF AMERICA CORPORATION Blogs 2 February 2010 13:45 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

Investment management

.Global Wealth and Investment Management manages assets of institutions and individuals.^ The company's Global Wealth and Investment Management segment offers investment and brokerage services, estate management, financial planning services, fiduciary management, credit and banking expertise, and diversified asset management products to institutional clients and high-net-worth individuals.
  • Stock Quote BAC 19 January 2010 9:52 UTC finviz.com [Source type: General]

^ (NYSE:UAM) announced today that its management will address institutional investors at two investment conferences scheduled as follows:   continued...

^ Last week, Bank of America loudly announced it’s making Boston the headquarters for its “wealth and investment management” arm.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.It is among the 10 largest U.S. wealth managers (ranked by private banking assets under management in accounts of $1 million or more as of June 30, 2005).^ Updated June 30, 2005 .
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Bank of America is the nation’s first coast-to-coast bank, and it ranks third in size by assets (falling behind Citigroup and J.P. Morgan).
  • Oneshare.com - Buy One Share of Bank of America Stock 2 February 2010 13:45 UTC www.oneshare.com [Source type: General]

^ The bank will outsource a project for $30 million (because they get 'sold' on it) and dock an employee's pay for a day ($150 or so) because she must care for her 10 year-old with a brain tumor.

.In July 2006, Chairman Ken Lewis announced that GWIM's total assets under management exceeded $500 billion.^ CNNMoney: Ken Lewis out as BofA chairman .
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

^ Now Ken Lewis implies that the assets being insured by the government all came from Merrill Lynch, when 25% are from BofA itself.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ On May 2, BofA announced a proposal to acquire a $2.2 billion stake in Banco Itau through an asset-swap, which would involve Itau taking control of BofA's BankBoston unit in Brazil, which has about 140 offices and $9 billion of assets under management.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.GWIM has five primary lines of business: Premier Banking & Investments (including Bank of America Investment Services, Inc.^ It’s not surprise that Bank of America wants to get out of its investment banking business.
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ Certain AXP-issued or branded cards, including healthcare related cards, any prepaid cards, corporate cards, and any AXP Cards that were issued by a third party bank issuer, are not eligible and will not be accepted into the service.

), .The Private Bank, Family Wealth Advisors, Columbia Management Group, and Bank of America Specialist.^ Zacks Analyst Blog Highlights: Citigroup Inc., American International Group Inc., GMAC Inc, Bank of America and Goldman Sachs .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ Bank of America's lobbyists include Andrew Barbour of the Smith-Free Group .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ Business Wire MTR Gaming Group to Present at the Bank of America Merrill Lynch 2010 Gaming Conference .
  • BAC: BANK OF AMERICA CORPORATION Blogs 2 February 2010 13:45 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

.Bank of America has recently spent $675 million building its US investment banking business and is looking to become one of the top five investment banks worldwide.^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ It’s not surprise that Bank of America wants to get out of its investment banking business.
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

^ Through the first three quarters of 2009 Merrill has been responsible for about $2.2 billion in profit which is equal to one third of Bank of America's ( BAC ) earnings.
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]

."Bank of America already has excellent relationships with the corporate and financial institutions world.^ The financial institutions invited -- and now challenged -- included Bank of America.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Compensation at financial institutions is under scrutiny after the government bailed out other firms including Citigroup (NYSE:C) , American International Group (NYSE:AIG) and Bank of America at the peakof the financial crisis.
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]

^ Posted at 08:37 PM in Bank of America , corporate accountability , Corporate and Financial Institution Compensation Fairness Act , corporate governance , corporate governance risk , Goldman Sachs , JP Morgan Chase , Morgan Stanley .

.Its clients include 98% of the Fortune 500 companies in the US and 79% of the Global Fortune 500. These relationships, as well as a balance sheet that most banks would kill for, are the foundations for a lofty ambition."^ If the project were to default, the US would demand payment on behalf of the Exim Bank and the BIS would be obligated to add the defaulted amount to the Azeri balance sheet.
  • Bank of America PAC money behind Dodd's Countrywide loan - Examiner.com 2 February 2010 13:45 UTC www.examiner.com [Source type: News]

^ Would I want to be served by you - NO. Bear in mind, without these customers, you will not be banking.

^ More Company: Quote Platform Syndicate Group Blog: quoteplatform.com What readers need to take away from Bruce's analysis is the need to focus on the balance sheets of the banks, not on whether he is recommending a buy or a sell.
  • Thinking the Impossible: Could Bank of America Go to Zero? -- Seeking Alpha 19 January 2010 9:52 UTC seekingalpha.com [Source type: General]

[75]
.Bank of America is currently constructing a massive new headquarters for its New York City operations.^ Eastern time in New York City.

^ New York Post - New York NY Bank of America takes a hit .
  • BAC: BANK OF AMERICA CORPORATION Blogs 2 February 2010 13:45 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

.The skyscaper will be located on 42nd Street and Avenue of the Americas, at Bryant Park, and will feature state of the art, environmentally-friendly technology throughout its 1.2 million square feet (111,484 m²) of office space.^ Ed note: We wrote about Kraus's $37 million Park Avenue apartment here .

.The building will be the headquarters for the company's investment banking division, and will also host most of Bank of America's New York-based staff.^ Most banks are doing that but not as bad as Bank of America.
  • Bank of America Overdraft Fee Class Action Settlement » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

^ New York Post - New York NY Bank of America takes a hit .
  • BAC: BANK OF AMERICA CORPORATION Blogs 2 February 2010 13:45 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

International operations

.In 2005, Bank of America acquired a 9% stake in China Construction Bank, China's second largest bank, for $3 billion.^ Preferred Shareholders acquires a minority stake in Bank of America Corp .
  • Bank of America Corporation - Charlotte NC United States - Company Snapshot - AlacraStore.com 2 February 2010 13:45 UTC www.alacrastore.com [Source type: News]

^ Most recently, it paid $3 billion for a 9 percent stake in China Construction Bank."
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Bank of America Corp acquires China Construction Bank Corp privatized by Peoples Republic of China .
  • Bank of America Corporation - Charlotte NC United States - Company Snapshot - AlacraStore.com 2 February 2010 13:45 UTC www.alacrastore.com [Source type: News]

[76] .It represented the company's largest foray into China's growing banking sector.^ He built Countrywide Financial Corporation into the nation’s largest and most successful mortgage company, and himself into one of the nation’s most successful and widely-respected CEO/Chairmen.

.Bank of America currently has offices in Hong Kong, Shanghai, and Guangzhou and is looking to greatly expand its Chinese business as a result of this deal.^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ Bank of America pledged Monday to increase its lending to small and medium sized businesses by $5 billion next year.
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

^ It has been described as a “bailout” and Bank of America’s role as that of a “White Knight.” The idea that Countrywide’s shareholders would balk at the deal comes as a surprise.
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

.In 2008 Bank of America was awarded Deal of the Year - Project Finance Deal of the Year at the 2008 ALB Hong Kong Law Awards.^ It has been described as a “bailout” and Bank of America’s role as that of a “White Knight.” The idea that Countrywide’s shareholders would balk at the deal comes as a surprise.
  • Bank of America - Dealbreaker - A Wall Street Tabloid - Business News Headlines and Financial Gossip 2 February 2010 13:45 UTC dealbreaker.com [Source type: General]

^ Bank of America said late Wednesday it planned to return the entire $45 billion in bailout money it received from the government over the past year.
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

^ Deal Journal - The Wall Street Journal Bank of America Downgrades Ericsson (ERIC) to Neutral .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

[77] .Currently, Bank of America maintains branches in Mumbai, Chennai, Calcutta, New Delhi, and Bangalore.^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ A growing number of Americans are concerned that the current economic crisis is threatening to leave them further behind on their retirement plans, according to a new survey released today by Bank of America.
  • Bank of America - Payments News Archive 2 February 2010 13:45 UTC www.paymentsnews.com [Source type: News]

^ It will fall to the Obama administration to direct new funds to these banks, which saw their promised capital injections usurped by the Bank of America crisis.” .
  • Michelle Malkin » Middle of the night bailout for Bank of America; TARP investigation of BoA and Citigroup/Jesse Jackson event requested 2 February 2010 13:45 UTC michellemalkin.com [Source type: News]

.For the fiscal year ending March 31, 2006, Bank of America reported an 80% increase in net profit.^ CNNMoney: Bank of America returns to profitability .
  • Bank of America Corporation: News & Videos about Bank of America Corporation - CNN.com 19 January 2010 9:52 UTC topics.edition.cnn.com [Source type: News]

^ Through the first three quarters of 2009 Merrill has been responsible for about $2.2 billion in profit which is equal to one third of Bank of America's ( BAC ) earnings.
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]

^ Like this Reply to this comment Bank of America Horror Story by lcsusa November 3, 2006 9:28 AM PST Just thought I'd relate my story to see if anyone else has been on the receiving end of B of A policy.
  • Bank of America loses a million customer records - CNET News 2 February 2010 13:45 UTC news.cnet.com [Source type: General]

[78]
.Bank of America operated under the name BankBoston in many other Latin American countries, including Brazil.^ BankAmerica changes its name to Bank of America .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ Compensation at financial institutions is under scrutiny after the government bailed out other firms including Citigroup (NYSE:C) , American International Group (NYSE:AIG) and Bank of America at the peakof the financial crisis.
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]
  • BAC Stock Quote - stock news and information - CBS MoneyWatch.com 19 January 2010 9:52 UTC finance.bnet.com [Source type: News]

.In 2006, Bank of America sold all BankBoston's operations to Brazilian bank Banco Itaú, in exchange for Itaú shares.^ After all, Bank of America is too big to fail!
  • The Big Picture » Blog Archive » Time to Fire Ken Lewis of Bank of America 2 February 2010 13:45 UTC www.ritholtz.com [Source type: General]

^ Bank of America Corporation is a large organization by revenue operating in the Banking industry The email address pattern for Bank of America Corporation is jane.doe@bankofamerica.com.
  • Bank of America Corporation - Executive and Business Contacts, Sales Leads 2 February 2010 13:45 UTC www.netprospex.com [Source type: Academic]

^ Susan Says: August 4th, 2009 at 1:12 pm Bank of America has been charging and I have been paying all along an insurance premium.
  • Bank of America Overdraft Fee Class Action Settlement » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

.The BankBoston name and trademarks were not part of the transaction and, as part of the sale agreement, cannot be used by Bank of America.^ Name changed to Bank of America in 1928.
  • Bank of America 19 January 2010 9:52 UTC www.nndb.com [Source type: News]

^ BankAmerica changes its name to Bank of America .
  • Bank of America | Crocodyl 2 February 2010 13:45 UTC www.crocodyl.org [Source type: News]

^ Bank of America, which has received $45 billion in federal loans as part of the government rescue of the financial industry, apologized for the incident, calling it a "terrible mistake."
  • FOXNews.com - Bank of America Draws Fire for Pulling U.S. Flags From Property 2 February 2010 13:45 UTC www.foxnews.com [Source type: News]

(That meant the extinction of the BankBoston brand.)
.Bank of America's Global Corporate and Investment Banking spans the Globe with divisions in United States, Europe, and Asia.^ Bank of America on the Forbes Global 2000 Banking .
  • Bank of America Corp Company Information - Forbes.com 19 January 2010 9:52 UTC www.forbes.com [Source type: News]

^ Chairman, President and CEO: Kenneth D Lewis Bank of America www.bankofamerica.com 100 North Tryon Street Charlotte NC, 28255 United States Phone: 704-386-5000 .
  • Bank of America Corp Company Information - Forbes.com 19 January 2010 9:52 UTC www.forbes.com [Source type: News]

^ ABFC is an affiliate of Bank of America Corporation that is a limited purpose corporation that securitizes residential mortgage loans...
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.The U.S. headquarters are located in New York, European headquarters are based in London, and Asia's headquarters are split between Singapore & Hong Kong.^ E-mail Address: nikki @ deadline.com Locations: Hollywood New York London Paris Mumbai Hong Kong Sydney .
  • WHAAAAAT? Bailed Out Bank Of America Paying Consumers To See Hollywood Film – Deadline.com 2 February 2010 13:45 UTC www.deadline.com [Source type: FILTERED WITH BAYES]

Board of directors

Historical Data

Major shareholders

Individuals Shares held
Kenneth D Lewis 2,372,260
John A Thain 679,946
Bruce L Hammonds 504,429
Keith T Banks 336,371
Charles K Gifford 334,176
Institutions Shares held  % held
Barclays Global Investors 192,077,414 3.83
State Street Corp 187,394,299 3.73
FMR 152,596,052 3.04
Vanguard Group 142,204,635 2.83
Capital World Investors 114,829,550 2.29
Wellington Management Comp 102,053,133 2.03
AXA 89,824,923 1.79
Bank of New York Mellon Corp 65,284,687 1.30
Morgan Stanley 58,081,288 1.16
JP Morgan Chase & Co 54,816,605 1.09
  • data from Yahoo! Finance as of January 1, 2009

Other individuals

Jonathan Finger, whose Houston-based family owns more than 1 million shares of stock and has pressed for boardroom changes[79][84]

Social responsibility

.In addition to its new eco-friendly office tower in Manhattan, Bank of America has pledged to spend billions on commercial lending and investment banking for projects that it considers "green."^ A look at Bank of America's new CEO .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ In addition to the $20 billion Bank of America will receive from October’s bailout fund, the Federal Reserve and Treasury Department also will provide a backstop of $118 billion for its assets, which include mostly securities whose collateral are commercial or residential real-estate loans.
  • Michelle Malkin » Middle of the night bailout for Bank of America; TARP investigation of BoA and Citigroup/Jesse Jackson event requested 2 February 2010 13:45 UTC michellemalkin.com [Source type: News]

^ It will fall to the Obama administration to direct new funds to these banks, which saw their promised capital injections usurped by the Bank of America crisis.” .
  • Michelle Malkin » Middle of the night bailout for Bank of America; TARP investigation of BoA and Citigroup/Jesse Jackson event requested 2 February 2010 13:45 UTC michellemalkin.com [Source type: News]

.The corporation supplied all of its employees with cash incentives to buy hybrid vehicles, and began providing mortgage loan breaks for customers whose homes qualified as energy efficient.^ ABFC is an affiliate of Bank of America Corporation that is a limited purpose corporation that securitizes residential mortgage loans...
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Damned right, and when “stimulus” cash is handed out to people to break as many windows as they can just think of all those glazers who get “stimulated” .
  • WHAAAAAT? Bailed Out Bank Of America Paying Consumers To See Hollywood Film – Deadline.com 2 February 2010 13:45 UTC www.deadline.com [Source type: FILTERED WITH BAYES]

^ I claim practically nothing on my taxes, and qualify for all of the usual social safetynets like welfare, healthcare, and a really sweet refi on my home.
  • WHAAAAAT? Bailed Out Bank Of America Paying Consumers To See Hollywood Film – Deadline.com 2 February 2010 13:45 UTC www.deadline.com [Source type: FILTERED WITH BAYES]

[85] .In 2007, Bank of America partnered with Brighter Planet to offer an eco-friendly credit card, and later a debit card, which help build renewable energy projects with each purchase.^ Bank of America is not interested in helping their clients.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ If you have a bank of America credit card, CANCEL it!
  • Bank of America loses a million customer records - CNET News 2 February 2010 13:45 UTC news.cnet.com [Source type: General]

^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

[86] .The corporation is also constructing the One Bank of America Center in Downtown Charlotte.^ Zacks Analyst Blog Highlights: Bank of America Corporation, BlackRock, Barclays, Citigroup and JPMorgan Chase .
  • BAC: BANK OF AMERICA CORPORATION Blogs 2 February 2010 13:45 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ BANK OF AMERICA CORPORATION .
  • BAC: BANK OF AMERICA CORPORATION Blogs 2 February 2010 13:45 UTC finance.aol.com [Source type: FILTERED WITH BAYES]
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ High rate, subprime accounts make up one-third of Bank of America's credit card portfolio...
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

The tower, and the accompanying hotel, will be a LEED-certified building.
.Bank of America has also donated money to help health centers in Massachusetts[87] and made donations to help homeless shelters in Miami.^ Bank of America is not interested in helping their clients.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ Money center banks were ground zero for the problems that brought the market to the brink.

[88]
.In 2004 the bank pledged $750 billion over a ten-year period for community development lending and investment.^ The bank's Global Card Services unit had a net loss of $1.6 billion compared to a $582 million of net income in the same quarter last year.
  • Bank of America - Payments News Archive 2 February 2010 13:45 UTC www.paymentsnews.com [Source type: News]

^ Update of July 5, 2004: Bank of America (BofA), which had left Brazil, decided to return and to operate fully in the country through BankBoston, acquired last year.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Fleet, on which Bank of America “closed” last year, made only 3024 mortgage loans of any kind to African Americans in 2004.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.The company had delivered more than $230 billion against a ten-year commitment of $350 billion made in 1998 to provide affordable mortgage, build affordable housing, support small business and create jobs in disadvantaged neighborhoods.^ In a report issued last Friday, the Congressional Budget Office (CBO) concluded that the Treasury lost more than 25% of the $247 billion it spent as of Dec.
  • Dividends4Life: Search results for "(BAC)" 19 January 2010 9:52 UTC www.dividends4life.com [Source type: General]

^ Yesterday, we noted a report in the Wall Street Journal that Merrill Lynch's top ten execs were each paid more than $10 million last year.

^ Amazingly, the top ten earners at the company in 2008, according to the paper, made slightly more than the top ten in 2007: $209 million, up from $201 million.

Diversity and inclusion

Bank of America in Washington, D.C.
.Bank of America was named for the 19th year as one of the "100 Best Companies for Working Mothers" in 2007 by Working Mother magazine.^ So far Bank of America has tried to work with me.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ As of December 31, 2008, the company operated approximately 6,100 banking centers and 18,700 automated teller machines.
  • Stock Quote BAC 19 January 2010 9:52 UTC finviz.com [Source type: General]

^ The bill would require banks to submit one, three- and five-year estimates of how staffing levels would be affected by a big bank merger.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.In 2006 Bank of America was one of the first companies inducted into Working Mother magazine's Hall of Fame.^ So far Bank of America has tried to work with me.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ In the public’s interest the Security and Exchange Commission, FTC, and other scrutinizing agencies should look into this Bank of America promotion .
  • WHAAAAAT? Bailed Out Bank Of America Paying Consumers To See Hollywood Film – Deadline.com 2 February 2010 13:45 UTC www.deadline.com [Source type: FILTERED WITH BAYES]

^ Aah yes, Bank of America: famed protector of privacy.

.In 2007, DiversityInc ranked Bank of America as the number one company for diversity in this prestigious list and placed as a top employer for executive women, Hispanics, Asian Americans and for GLBT executives, as well as number one for recruitment and retention, and number six for supplier diversity.^ While Earls expressed relief that the bank is now flying the American flag, she added, "That one moment in time when they took them down is a sad moment in America."
  • FOXNews.com - Bank of America Draws Fire for Pulling U.S. Flags From Property 2 February 2010 13:45 UTC www.foxnews.com [Source type: News]

^ High rate, subprime accounts make up one-third of Bank of America's credit card portfolio...
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ In Tennessee, Bank of America NA in 2004 denied the applications of African Americans 1.96 times more frequently than whites, and denied those of Hispanics 2.06 times more frequently than whites.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.IT Senior Management Forum (ITSMF) recognized Bank of America as the "2007 Organization of the Year."^ Update of October 8, 2007: A deal-enabler tells DJNS that "Bank of America is the obvious suitor.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Update of August 6, 2007: The Federal Reserve asked Bank of America six questions, in connection with its application to acquire LaSalle Bank.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ Charlotte Business Journal - Charlotte NC Bank of America Merrill Lynch Strengthens Financial Institutions Treasury Team with Sales Manager for Latin America, Senior Sales Officer for Brazil .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

This award is presented annually for leadership in the areas of developing and embracing a diverse workforce.
.National Black MBA Association awarded Bank of America the "2006 Company of the Year" for recruiting, retaining and providing advancement opportunities for blacks in the workplace.^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ BofA provided three files: Bank of America, NA; Fleet; and OwnIt Mortgage, a subprime lender which Bank of America controls.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ The company that does our payroll also just switched from Bank of America to a new bank.

It also recognized Bank of America's Managing Director, Deputy Head of Global Investment Banking Lewis Warren, Jr. as one of the "75 Most Powerful Blacks on Wall Street."
.Bank of America was named the number one company for Hispanics by Hispanics Business Magazine in 2006. Latina Style continues to rank Bank of America in their Top 15 for its 50 Best Companies for Latinas, which measures companies based on recruitment, retention and advancement opportunities for Latinas.^ Bank of America Support Number dasprem@...
  • Caught on tape: Another support call nightmare (this time, Bank of America) | Between the Lines | ZDNet.com 2 February 2010 13:45 UTC blogs.zdnet.com [Source type: General]

^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ High rate, subprime accounts make up one-third of Bank of America's credit card portfolio...
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

.Human Rights Campaign 2006 Corporate Equality Index gave Bank of America a 100% rating for its support of gay, lesbian, bisexual and transgender associates.^ Bank of America Support Number dasprem@...
  • Caught on tape: Another support call nightmare (this time, Bank of America) | Between the Lines | ZDNet.com 2 February 2010 13:45 UTC blogs.zdnet.com [Source type: General]

^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ Bank of America securitizes high interest rate loans through Banc of America Securities, LLC, Banc of America Mortgage Capital Corporation and its 100%-owned (but generically-named) subsidiary Asset Backed Funding Corporation; perhaps most tellingly, Bank of America, now purchases loans of subprime lenders, for example from Ameriquest.
  • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

Consumer credit controversies

.In January 2008 Bank of America began notifying some customers without payment problems that their interest rates were being more than doubled, up to 28%.^ Bank of America is not interested in helping their clients.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ Bank of America's Web site disabled for some customers .
  • BAC: BANK OF AMERICA CORPORATION Blogs 2 February 2010 13:45 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

.The bank was criticized for raising rates on customers in good standing, and for declining to explain why it has done so.^ I can't stand banks who use every little opportunity to make a quick buck (or 6) off of its customers.

^ Our tax dollars keep these banks afloat, while they raise interest rates on our credit cards to over %25 with no legal limit to how they can raise it.
  • Hot Air » Blog Archive » Bank of America latest recipient of Bailout Mania 2 February 2010 13:45 UTC hotair.com [Source type: General]

^ Of course, even the new customers would be screwed once the Fed raised rates again because Wells Fargo would just create another so-called new product.
  • Bye-Bye, Bank of America « The Baseline Scenario 2 February 2010 13:45 UTC baselinescenario.com [Source type: FILTERED WITH BAYES]

[89][90] .In September 2009, a Bank of America credit card customer, Ann Minch, posted a video on YouTube criticizing the bank for raising her interest rate.^ Bank of America is not interested in helping their clients.
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

^ If you have a bank of America credit card, CANCEL it!
  • Bank of America loses a million customer records - CNET News 2 February 2010 13:45 UTC news.cnet.com [Source type: General]

^ From thier website: "Bank of America helps build strong communities by creating opportunities for people — including customers, shareholders and associates — to fulfill their dreams."
  • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

.After the video went viral, she was contacted by a Bank of America representative who lowered her rate.^ Bank of America’s contact info again below.
  • Bank of America Overdraft Fee Class Action Settlement » My Money Blog 2 February 2010 13:45 UTC www.mymoneyblog.com [Source type: General]

^ High rate, subprime accounts make up one-third of Bank of America's credit card portfolio...
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

^ ICP has also reviewed Bank of America NA’s lending in representative states.
  • Bank of America Watch by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

The story attracted national attention from television and internet commentators.[91][92][93] .More recently, the banks has been criticized for allegedly seizing three properties that were not under their ownership, apparently due to incorrect addresses on their legal documents.^ Julie Tilsner Dec 31st 2009 at 8:00AM More Text Size A A A Filed under: Banks , Credit .
  • I was Bank of America's bitch ... but no longer 2 February 2010 13:45 UTC www.walletpop.com [Source type: General]

^ Business Wire Due to Adverse Weather Conditions, Goodrich Unable to Address the Bank of America Merrill Lynch 2009 Global Industries Conference .
  • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

[94]

Bank of America corporate buildings

Bank of America Plaza, Atlanta, GA.

See also

References

  1. ^ http://news.yahoo.com/s/ap/20091217/ap_on_bi_ge/us_bank_of_america_ceo
  2. ^ "Bank of America (BAC)". Google. http://www.google.com/finance?q=NYSE:BAC. 
  3. ^ "BAC.N - Financial Statements". Yahoo finance. http://www.reuters.com/finance/stocks/incomeStatement?stmtType=INC&perType=ANN&symbol=BAC.N. 
  4. ^ No author, No author; No (2009-07-29). "Financial Statements for Bank of America Corporation - Google Finance". Google. http://www.google.com/finance?q=NYSE:BAC&fstype=ii. 
  5. ^ "Bank of America (BAC) - Annual Income". Yahoo finance. http://finance.yahoo.com/q/is?s=BAC&annual. 
  6. ^ "Top 50 Bank Holding Companies". Federal Financial Institutions Examination Council. September, 2009. http://www.ffiec.gov/nicpubweb/nicweb/Top50form.aspx. Retrieved 12 December 2009. 
  7. ^ "JPMorgan Chase's Market Value Tops Bank of America". Bloomberg.com. 2008-06-04. http://www.bloomberg.com/apps/news?pid=20601087&sid=aIlEBDZG3kFU&refer=home. Retrieved 2008-07-13. 
  8. ^ "Lehman Bros files for bankruptcy". BBC News. 2008-09-16. http://news.bbc.co.uk/1/hi/business/7615931.stm. 
  9. ^ "BofA now country’s biggest bank". Houston Business Journal. 2009-03-11. http://www.bizjournals.com/houston/stories/2009/03/09/daily29.html?surround=lfn. 
  10. ^ "Bank of America: About". Bank of America. http://www.bankofamerica.com/index.cfm?page=about. 
  11. ^ "List of companies in the S&P 500". Yahoo! Finance. http://finance.yahoo.com/q/cp?s=%5EGSPC. 
  12. ^ Dow Jow Indexes
  13. ^ a b Atlantic Magazine,Sept. 2009,"An offer he couldn't refuse" by William D. Cohan
  14. ^ "BofA Plans to Cut 10% of Branches". Wall Street Journal. 2009-07-28. http://online.wsj.com/article/SB124874668619485699.html. 
  15. ^ see http://www.fdic.gov/bank/statistical/guide/index.html for basic data
  16. ^ Winkler, Rolfe (September 15, 2009). "Break Up the Big Banks". Reuters. http://blogs.reuters.com/rolfe-winkler/2009/09/15/break-up-the-big-banks/. Retrieved 17 December 2009. 
  17. ^ Tully, Shawn (February 27, 2009). "Will the banks survive?". Fortune Magazine/CNN Money. http://money.cnn.com/2009/02/27/news/economy/tully_banks.fortune/index.htm?source=yahoo_quote. Retrieved 17 December 2009. 
  18. ^ "Citigroup posts 4th straight loss; Merrill loss widens". The Associated Press. 10/16/2008. http://www.usatoday.com/money/companies/earnings/2008-10-16-citigroup_N.htm. Retrieved 17 December 2009. 
  19. ^ Winkler, Rolfe (August 21, 2009). "Big banks still hold regulators hostage". Reuters, via Forbes.com. http://www.forbes.com/feeds/afx/2009/08/21/afx6803343.html. Retrieved 17 December 2009. 
  20. ^ Temple, James; The Associated Press (November 18, 2008). "Bay Area job losses likely in Citigroup layoffs Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/11/17/BURD146AIA.DTL#ixzz0Zv3v35Ai". The San Francisco Chronicle. http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/11/17/BURD146AIA.DTL. Retrieved 17 December 2009. 
  21. ^ Dash, Eric (August 23, 2007). "4 Major Banks Tap Fed for Financing". The New York Times. http://www.nytimes.com/2007/08/23/business/23discount.html. Retrieved 17 December 2009. 
  22. ^ Pender, Kathleen (November 25, 2008). "Citigroup gets a monetary lifeline from feds". The San Francisco Chronicle. http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/11/24/BUST14B71M.DTL. Retrieved 17 December 2009. 
  23. ^ "Who Made America? - Innovators - A.P. Giannini". PBS.org. http://www.pbs.org/wgbh/theymadeamerica/whomade/giannini_hi.html. Retrieved 17 December 2009. 
  24. ^ The Bank of Italy in Italy was created in 1893 through the merger of 3 of the 6 banks at the time: Banca Nazionale nel Regno d'Italia and 2 Tuscan banks.
  25. ^ 1986, Deutsche Bank AG acquires Banca d'America e d'Italia from Bank of America Corp
  26. ^ In 1986 Deutsche Bank AG acquired 100% of Banca d’America e d’Italia, a bank established in Naples in 1917 following the name change of Banca dell'Italia Meridionale.
  27. ^ In 1918 another corporation, Bancitaly Corporation, was organized by A. P. Giannini, the largest stockholder of which was Stockholders Auxiliary Corporation. This company acquired the stocks of various banks located in New York City and certain foreign countries
  28. ^ In 1918 the Bank of Italy opened a Delegation in New York, to follow American political, economic and financial affairs more closely; together with the London Delegation, this was the first permanent overseas office opened by the Bank, at a time when the foundations were being laid for the restructuring of the international money market.
  29. ^ 1929 [...] -- The Vatican awards Knighthood in the Order of Malta to two San Franciscans, Transamerica Corporation President Amadeo Peter Giannini and American Trust Company President John S. Drum. The knighthood is the oldest and most distinguished decoration of laymen conferred by the Catholic Church.
  30. ^ Transamerica Corporation, a corporation of Delaware, has petitioned this court to review an order of the Board of Governors of the Federal Reserve System entered against it under Section 11 of the Clayton Act, 15 U.S.C.A. § 21, to enforce compliance with Section 7 of the Act, 15 U.S.C.A. § 18.
  31. ^ "The History of Visa". Visa Inc.. http://www.visalatam.com/e_aboutvisa/acerca_historia.jsp. Retrieved 2007-10-29. 
  32. ^ Matassa Flores, Michele (1992-04-02). "Key Bank, West One Finalize Purchases". Seattle Times. http://community.seattletimes.nwsource.com/archive/?date=19920402&slug=1484315. Retrieved 2008-09-27. 
  33. ^ a b "US banking mega-merger unveiled". BBC News. 2003-10-27. http://news.bbc.co.uk/2/low/business/3217803.stm. 
  34. ^ "Bank of America To Buy U.S. Trust". Forbes.com. 2006-11-20. http://www.forbes.com/markets/2006/11/20/bank-of-america-markets-equity-cx_jl_1120markets12.html. Retrieved 2007-08-22. 
  35. ^ Tom, Henderson (2008-04-14). "BOA to 'paint the town red' with LaSalle name change". Crain's Detroit Business (Crain Communications Inc). http://www.crainsdetroit.com/apps/pbcs.dll/article?AID=/20080414/SUB/804140331. Retrieved 2008-05-05. 
  36. ^ Salas, Caroline; Church, Steven (August 23, 2007). "Countrywide Gives Bank of America $447 Million Gain". Bloomberg L.P.. http://www.bloomberg.com/apps/news?pid=20601087&sid=aqHmmBljF9Ok&refer=home. Retrieved October 29, 2007. 
  37. ^ "Bank of America to buy Countrywide for $4 billion". Reuters (via Yahoo! News). January 11, 2008. http://news.yahoo.com/s/nm/20080111/bs_nm/countrywide_bankofamerica_dc_14. Retrieved January 11, 2008. 
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Further reading

  • Bonadio, Felice A. (1994). A.P. Giannini: Banker of America. Berkeley, CA: University of California Press. ISBN 0520082494. 
  • Hector, Gary (1988). Breaking the Bank: The Decline of BankAmerica. Boston: Little, Brown. ISBN 0316353922. 
  • James, Marquie; James, Bessie (1954). .Biography of a Bank: The Story of Bank of America N.T.&S.A..^ This story continues below Advertisement Bank of America agreed in January to buy Countrywide, and the deal is near completion.
    • Bank of America PAC money behind Dodd's Countrywide loan - Examiner.com 2 February 2010 13:45 UTC www.examiner.com [Source type: News]

    ^ Bank of America Success Stories from our clients: .
    • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

    New York: Harper and Brothers.
     
  • Johnston, Moira (1990). .Roller Coaster: The Bank of America and the Future of American Banking.^ Zacks Analyst Blog Highlights: Citigroup Inc., American International Group Inc., GMAC Inc, Bank of America and Goldman Sachs .
    • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

    ^ Business Wire Zacks Analyst Blog Highlights: American International Group Inc., Bank of America Corp., Wells Fargo & Co., Citigroup Inc.
    • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

    ^ PR-inside - Austria Zacks Analyst Blog Highlights: American International Group Inc., Bank of America Corp., Wells Fargo & Co., Citigroup Inc.
    • BAC: BANK OF AMERICA CORPORATION Real-Time Headlines 19 January 2010 9:52 UTC finance.aol.com [Source type: FILTERED WITH BAYES]

    New York: Ticknor & Fields.
     
  • Josephson, Matthew (1972). The Money Lords; the great finance capitalists, 1925-1950. New York: Weybright and Talley. 
  • Lampert, Hope (1986). .Behind Closed Doors: Wheeling and Dealing in the Banking World.^ The truth is, the US banking system is so far behind the rest of the world.

    ^ Behind closed doors, they’re just telling you to f*ck off and nobody is taking you seriously.
    • The Big Picture » Blog Archive » Time to Fire Ken Lewis of Bank of America 2 February 2010 13:45 UTC www.ritholtz.com [Source type: General]

    .New York: Atheneum. 
  • Light, Larry (2007-10-01).^ WASHINGTON/NEW YORK, March 10 (Reuters) - Bank of America Corp.
    • Bank of America Watch, by Inner City Press / Fair Finance Watch 2 February 2010 13:45 UTC www.innercitypress.org [Source type: News]

    "Cover Story - Money for the Masses". Forbes Magazine. 
  • Monnette, Orra Eugene. Personal Papers Collection. .Los Angeles, CA: Los Angeles Public Library. 
  • Nash, Gerald G. (1992).^ Deborah Glenn From Los Angeles, CA on July 11, 2009 .
    • Bank of America Mortgage Companies Profile 19 January 2010 9:52 UTC www.afscanhelp.com [Source type: General]

    A.P. Giannini and the Bank of America. Norman, OK: University of Oklahoma Press. 
  • Yockey, Ross (1999). McColl: The Man with America's Money. Atlanta: Longstreet Press. 
  • Ahmed, Azam; Demirjian, Karoun (2007-02-15). "Credit offered to illegal residents". Chicago Tribune. 

External links


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Up to date as of December 17, 2010

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