BOFA popularity and BOFA trends

Financial services firm Lehman Brothers Holdings, one of the promoters of Archstone, is buying 26.5% stake in the property company for $1.58 billion from Bank of America (BofA) and Barclays, a media report said.

Freddie Mac forced Bank of America to buy back $330 million of mortgages originated over the past two years after the mortgage-finance giant challenged the lender over technical issues with how the loans were manufactured.

Starbucks (SBUX) is rising about 1.5% in a down market this morning after Bank of America/Merrill Lynch analyst Joseph Buckley upgraded his rating on the shares to Buy from Neutra. Buckley believes Starbucks should trade at 30 times its 21013 earnings expectations of $2.15 “with our valuation thoughts skewed up by the rarity of a [...]

* Julius Baer also looked to bid for parts of assets - sources

Americans angry at Bank of America tried to communicate their frustration to the bank on Wednesday, quite literally. Protesters gathered outside of BofA's headquarters in Charlotte, North Carolina Thursday to demonstrate against the bank's foreclosure practices, as well as its relationship with the government and the coal industry. The protesters, wielding signs with phrases like "stop corporat...

Bank of America shareholders approved the bank's 2011 pay plan, signaling their assent for a package that didn't include a cash bonus for CEO Brian Moynihan.

LOS ANGELES (AP) -- Bank of America says it has begun contacting some its customers who may qualify to have their home loans reduced as part of a multistate settlement over alleged foreclosure abuses....

Bank of America a commencé à contacter ses quelque 200.000 clients...

(Reuters) - The Wall Street Journal said Bank of America Corp could end up paying hundreds of millions of dollars in a settlement following talks with lawyers representing more than 1,000 former Merrill Lynch & Co brokers, who left the brokerage firm after BofA acquired it in 2009.

The two groups are to launch joint billion-dollar investment fund to be run by Liu Erfei, chairman of BofA Merrill Lynch’s China operations

L'action Lagardère grimpe mardi à la Bourse de Paris, soutenue par Bank of America Merrill Lynch qui est passé à l'achat sur la valeur et a relevé son objectif de cours de 21,50 à 30 euros, estimant les actifs médias du groupe sous-valorisés. A 12h27, le titre avance de 4,08% à 21,45 euros, portant...

Le groupe nordiste Doublet, basé à Avelin, va racheter l'Allemand Bofa (Bonner Fahnenfabrik), spécialiste de la fabrication de drapeaux et bannières en redressement judiciaire, et devenir ainsi leader européen sur son marché de référence, a-t-on appris ce mardi auprès du groupe.

This one makes our heads hurt! In some crazy, bizarre and just plain weird news - Bank of America has reportedly sued itself for foreclosure 11 times since late March. Uhhh, what???? In one case BofA seeks to foreclose on a condominium, but lists BofA as the defendants in the suit. In other words… They're suing themselves!!! A [...]

Ex-Bank of America manager Pamela Cobb pleads guilty to stealing $2M from customers to pay for vacations

Bank of America has announced a program that will let homeowners facing foreclosures stay in their homes as renters.

Less than a week after Bank of America aired a mortgage-repurchase dispute with Fannie Mae, the mortgage giant launched its own salvo in what could prove a costly battle. The question is who will be left footing the bill: BofA shareholders or taxpayers?

Las opciones de formalización de acuerdos debieran mantenerse en el sector bancario latinoamericano este año, aunque probablemente no habrá ingresos de nuevos bancos extranjeros en la región, dijo a B...

Deal-making in Latin America's banking sector is set to continue this year, but no new foreign banks are likely to enter the region, Mark Rosen, head of Latin American investment banking at US financi...

Die krisengeplagte Bank of America verdient wieder Geld. Doch das Investmentbanking läuft schlecht, die Finanzkrise lastet noch immer schwer auf dem Haus. Bankchef Moynihan will das Institut gesundschrumpfen.

Rainforest Action Network claims responsibility for the art-prank intervention. RAN activists took to the streets of San Francisco last night and turned every Bank of America ATM in the city into an Automated Truth Machine. The activists used special non-adhesive stickers designed to look exactly like BoA’s ATM interface. But instead of checking and savings [...]

You know who's wholly responsible for the downfall of the American economy? San Francisco-based Bank of America customers, that's who. No, seriously. Why else would the Rainforest Action Network (RAN) deface 85 San Francisco BofA ATM's like that? More »

(Reuters) - Bank of America Corp is lagging behind its major U.S. competitors in complying with new capital rules, leading the bank to consider even more asset sales, sources said.

Le département américain de la Justice a annoncé mercredi que Bank of America (BofA) allait payer 335 millions de dollars pour solder des poursuites liées à sa filiale Countrywide, accusée de discrimination envers des emprunteurs hispaniques et afro-américains.

Un fonds souverain chinois a annoncé vendredi avoir acheté les parts de la China Construction Bank (CCB) cédées lundi par Bank of America, pour 1,75 milliard de dollars. China Investment Corporation (CIC) a indiqué avoir acquis 2,76 milliards d'actions de la CCB après la vente de BofA «pour un...

Bank of America will keep about 1% of China Construction Bank.

La Banque de France prévoit une croissance nulle au quatrième trimestre. Les économistes de grandes banques comme Société générale ou BofA Merrill Lynch anticipent une récession modérée en zone euro pour 2012.