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By Janet Levaux, AdvisorOne |
August 29, 2011
Bank of America said Monday it was selling about 13 billion common shares, or 5%, of China Construction Bank to a group of investors for some $8.3 billion in cash and an after-tax gain of $3.3 billion.
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By Janet Levaux, AdvisorOne |
July 19, 2011
Loss was spurred by mortgage settlement that included Countrywide issues; Merrill Lynch now includes more than 16,240 advisors with average yearly sales of $894,000.
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By Janet Levaux, AdvisorOne |
June 29, 2011
Bank of America's latest settlement involves 530 trusts that bought residential mortgage-backed securities for $424 billion.
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By Joyce Hanson, AdvisorOne |
April 15, 2011
Bank of America reported disappointing Q1 2011 earnings, but the GWIM unit saw one of its strongest quarters since the acquisition of Merrill Lynch.
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By Kathleen McBride, AdvisorOne |
January 31, 2011
Bank of America Merrill Lynch and LPL state support for extending the fiduciary standard to brokers.
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By Janet Levaux, AdvisorOne |
January 21, 2011
Wealth-management sales rise; Merrill Lynch's FA headcount increases to nearly 15,500.
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By Ben Warwick, Quantitative Equity Strategies |
November 5, 2010
The Fed's large scale asset purchases will not move the needle of economic growth; the real benefit is a further weakening of the U.S. dollar relative to other currencies.
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By Staff Writer |
September 1, 2009
? Sallie Krawchek, most recently CEO of Global Wealth Management at Citigroup, has joined Bank of America to run Global Wealth and Investment Management and...
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By Janet Levaux, AdvisorOne |
August 4, 2009
Bank of America announced that Krawcheck, a veteran of Citigroup Smith Barney, will join as head of BofA's global wealth and investment management group.