Basix Hedge News - Bank of America Corporation


New York to sue Bank of America, Wells Fargo over mortgage practices

New York Attorney General Eric Schneiderman on Monday said he plans to sue Bank of America Corp and Wells Fargo and Co for violating the...

RBC slapped with subpoena as massive Libor probe expands: source

Royal Bank of Canada and Bank of America Corp. are among nine additional banks that were subpoenaed in New York and Connecticut’s probe of alleged...

U.S. sues Bank of America US$1B for mortgage fraud

The United States filed a US$1-billion civil mortgage fraud lawsuit against Bank of America Corp, accusing it of selling thousands of toxic home loans that...

There’s another looming ‘cliff’ you should know about, and it’s $1.6 trillion tall

Bank of America analysts have issued a warning about another 'cliff' facing markets at the end of the year: The '$1.6 trillion deposit cliff' the...

Here’s how to invest if you expect Obama to win the election: BofA

BofA Merrill Lynch equity analysts take a look at the sectors and individual stocks that could benefit most if President Obama secures a second term...

Dealmakers: New issues top $280-billion

In 2011, Canadian corporations, provincial governments and crown corporations raised almost $281-billion, or more than $1-billion of capital per working day. Most of that capital...

U.S. banks to see big profit increase: analysts

By Michael J. Moore and Dawn Kopecki Analysts’ failure to foresee declining earnings per share for the biggest U.S. banks last year hasn’t stopped them...