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Wells Fargo & Co (NYSE:WFC) Names Former Barclays Officer, Marty Courage, As Regional Director Of Its Private Bank In Boston

Boston, MA 09/26/2014 (wallstreetpr) – Financial services provider, Wells Fargo & Co (NYSE:WFC) disclosed that it has appointed a former Barclays officer, Marty Courage, as its Regional Director for its Boston office of the company’s Private Bank. Wealth Management Functions Wells Fargo & Co (NYSE:WFC) stated that he would be stationed in Boston and would manage […]

Bid of Bank of America Corp (NYSE:BAC) To Void $1.27 Billion Verdict Challenges Common Sense

Boston, MA 09/22/2014 (wallstreetpr) – According to reports, government of U.S. has decided to take a strict action against Bank of America Corp (NYSE:BAC)’s bid to throw out a jury verdict. As per the information given by government officials, this bid challenges common sense; hence, it should be rejected immediately. BAC had placed a verdict […]

Bank of America Corp (NYSE:BAC) To Hire Alex To of Morgan Stanley (NYSE:MS) China Investment Bank

Boston, MA 09/16/2014 (wallstreetpr) – According to reports, Alex To who heads investment banking of Morgan Stanley (NYSE:MS) China has decided to join Bank of America Corp (NYSE:BAC). The information was revealed by two people close to this matter who said that to will be given a similar role at BAC. Insights of the matter: […]

Bank of America Corp (NYSE:BAC): Use any Dip to Invest

Boston, MA 09/15/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) (Closed:16.79, Up:1.33%) has been rallying for the last three session on the back of multiple positive issues like an upgrade from “Neutral” to “Buy” by Goldman Sachs and a new investment product created to take advantage of the coming IPO of Alibaba. The daily candle formation […]

Hilton Worldwide Holdings Inc (NYSE:HLT)’s Secondary Offering And Blackstone’s Grip On The Stock

Boston, MA 09/12/2014 (wallstreetpr) – Hilton Worldwide Holdings Inc (NYSE:HLT) filed for a secondary offering of its common stock shares. The selling shareholder is Blackstone (NYSE:BX), which took it private in 2007 and later released it to the public in 2013. About 90 million shares are on offer, but underwriters have an option to purchase […]

Bank of America Corp (NYSE:BAC)’s Stock Surges, As More Mediation Ordered Into Detroit Bankruptcy Deal

Boston, MA 09/12/2014 (wallstreetpr) – The Bank of America Corp (NYSE:BAC) stock surges ahead, accounting for a holistic boost to the S&P 500 index by a whopping 8.1%. The underlying reason behind BAC stock shooting up by a 1.28% may be quite a few, however, the more pronounced one in chatter is mediation order over […]

Is JPMorgan Chase & Co. (NYSE:JPM) Trying To Escape Swap-Trading curbs For Overseas Derivatives?

Boston, MA 09/12/2014 (wallstreetpr) – Provider of diversified financial services JPMorgan Chase & Co. (NYSE:JPM) is one among the many financial institutions to have been closely watched by the U.S. Treasury Department on a possible move to evade the curbs on swap-trading of overseas derivatives. Treasury Watching Treasury Department seems to have been seized of […]

Morgan Stanley (NYSE:MS) Is Liable To Pay $95 million To Settle U.S. Mortgage-Debt Case

Boston, MA 09/09/2014 (wallstreetpr) – It’s not that old when Bank of America Corp (NYSE:BAC) was asked to pay around $16.53 billion to settle the claims that were levied on it in regard with its role in U.S. mortgage-debt case. After a few days of that incident, 12 banks were put in scrutiny in relation with […]

Morgan Stanley (NYSE:MS) To Hire Three Brokers Who Managed Around $1.3 Billion

Boston, MA 09/08/2014 (wallstreetpr) – Morgan Stanley (NYSE:MS) seems to hunt for expanding its operations with large and experienced workforce. Although MS is already the largest U.S. securities brokerage firm in terms of sales force, but it doesn’t want to leave any stone unturned. According to recent reports, it has hired three brokers who have […]

Twelve Large Banking Institutions Including Bank of America Corp (NYSE:BAC) To face U.S. swaps price-fixing lawsuit

Boston, MA 09/05/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) had to pay a huge amount of $16.65 billion (approximate) to settle various claims that were put against it in relation with its involvement in false mortgage-backed securities case. A few days after that decision of the court, a federal judge on Thursday made an […]

Bank of America Corp (NYSE:BAC) In Trouble Over US Swap Price Fixing

Boston, MA 09/05/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) is among the thirteen of the banks across the world with biggest net capital reserves – assets and liabilities. Lately, it has faced the heat of an Alaska-Pension-Fund, for incidentally breaking the US laws on antitrust, by manipulating the interest rate benchmark. The Alaska-Electrical-Pension-Fund filed a […]

Fed Asks all the Banks Including Bank of America Corp (NYSE:BAC) To Have Minimum Cash For Crisis Protection

Boston, MA 09/04/2014 (wallstreetpr) – A few days ago Bank of America Corp (NYSE:BAC) had to pay the largest penalty of U.S. history in order to settle the claims that were put against it in relation with property mortgage that later led to global financial crisis. It looks like the government doesn’t want to repeat […]

Are JPMorgan Chase & Co. (NYSE:JPM) Operational Risks Higher?

Boston, MA 09/02/2014 (wallstreetpr) – Diversified financial services provider JPMorgan Chase & Co. (NYSE:JPM) operational risks have come under greater scrutiny in view of the threats posed by human error, frauds, external threats, and litigation. If the company filing is any indication, the amount set aside for this purpose had witnessed 6.7% increase. Operational Risks […]

Why Coupons.Com Inc (NYSE:COUP)’s Future Is Bright

Boston, MA 08/29/2014 (wallstreetpr) – The future is bright for digital coupons, where Coupons.Com Inc (NYSE:COUP) is a big player. Analysts at Bank of America Corp (NYSE:BAC) are the latest to take notice of the encouraging trend, and they have issued a positive recommendation on the stock in a note to investors. They think that buying […]

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