Bank of America News

With 242,000 employees and 48 million consumer and small business customers, it is not surprising that so many people want to stay up-to-date with Bank of America news. That's why Wiser created this specially tailored daily email digest. When measured by assets, Bank of America is the second largest bank holding company in the United States. And with about 12% of all US bank deposits on its books, it is firmly one of the big four banks. It is based in Charlotte in North Carolina and, in its current form, was incorporated in 1998. However, it traces its origins back to 1874. Today the chairman and CEO is Brian Moynihan. The company has come through a lot of change over recent years, from downsizing its American operation to selling off stakes in foreign banks. And, like other major banking institutions, it is often in the regulatory spotlight. In addition, it is adjusting to the technological age as increasing numbers of people choose to bank on computers and mobile devices. Staying current with these developments has never been easier - all you have to do is sign up for the free daily Bank of America news email from Wiser today.

Recent Bank of America News Coverage
 
Your Weekly Recommendations Tuesday, April 25, 2017
 
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W.R. Berkley's (WRB) CEO Robert Berkley on Q1 2017 Results - Earnings Call Transcript
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Banks Get Personal in Their Marketing
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A Showdown Over Wells Fargo’s Board of Directors Looms
The New York Times • Michael Corkery, Stacy Cowley
ONUG gets closer to making SD-WANs talk to each other
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N.J. Town Pulls Public Funds From Wells Fargo
The Wall Street Journal • Kate King
The French Election Made These U.S. Stocks Winners
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TD Ameritrade prices $800M in 3.3% notes
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Regulators approve Wells Fargo’s revised living will
American Banker • Lalita Clozel
Regulators lift sanctions and approve Wells Fargo's 'living will' after revisions
Los Angeles Times • James Rufus Koren
CEOs rate productivity 'very low' from emerging tech
CIO • Matt Hamblen
 
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Bank of America, Financial Regulatory Bodies
W.R. Berkley's (WRB) CEO Robert Berkley on Q1 2017 Results - Earnings Call Transcript
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W.R. Berkley Corporation (NYSE:WRB) Q1 2017 Earnings Conference Call April 24, 2017, 5:00 pm ET Executives Robert Berkley - CEO & President William Berkley - Executive Chairman Gene Ballard - EVP Rich Baio - CFO Analysts Josh Shanker - Deutsche Bank Kai...
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Bank of America, Banking
Banks Get Personal in Their Marketing
The Wall Street JournalEmily Glazer
Banks know more about their customers than ever, and increasingly are trying to get more use out of that information. The results can be convenient, or just creepy. Banks can look at customers’ debit-card and credit-card transactions, online-bill payments and account activity...
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Bank of America, Corporate Governance
A Showdown Over Wells Fargo’s Board of Directors Looms
The New York TimesMichael Corkery, Stacy Cowley
PONTE VEDRA BEACH, Fla. — The scandal at Wells Fargo over the creation of millions of fake bank accounts cost more than 5,300 people their jobs, many of them tellers and other low-level employees. The bank then clawed back tens of millions...
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Bank of America
ONUG gets closer to making SD-WANs talk to each other
CIOStephen Lawson
A group of networking engineers and vendors is making progress toward an API that would help enterprises merge SD-WANs from different vendors. The Open SD-WAN Exchange (OSE) initiative was launched last year by the Open Networking User Group (ONUG) to solve a...
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Bank of America, Foreclosure
N.J. Town Pulls Public Funds From Wells Fargo
The Wall Street JournalKate King
The city of East Orange in northern New Jersey has pulled public funds from Wells Fargo & Co. after lawmakers accused the bank of engaging in predatory-lending practices and exacerbating the city’s foreclosure crisis. City officials said Wells Fargo holds 13% of...
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Bank of America, Currencies
The French Election Made These U.S. Stocks Winners
Fortune MagazineLucinda Shen
The polls got it right. Investors cheered Sunday after round one of the 2017 French presidential elections ended with centrist Emmanuel Macron topping the charts with 24% of the votes — as predicted by polls. He was followed by far-right candidate Marine...
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Bank of America, Finance
TD Ameritrade prices $800M in 3.3% notes
Seeking AlphaJason Aycock
TD Ameritrade (NASDAQ:AMTD) has priced an underwritten offering of $800M in senior debt. The company will offer that amount in senior notes due 2027, at an interest rate of 3.3%. It plans to use net proceeds for general purposes including its acquisition...
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Bank of America, Federal Reserve
Regulators approve Wells Fargo’s revised living will
American BankerLalita Clozel
WASHINGTON — Regulators have approved the latest iteration of Wells Fargo’s 2015 living wills, ending the restrictions they imposed on the embattled bank in December after it failed for a second time in a row to file a credible bankruptcy plan. In...
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Bank of America, Banking
Regulators lift sanctions and approve Wells Fargo's 'living will' after revisions
Los Angeles TimesJames Rufus Koren
Federal regulators signed off Monday on Wells Fargo & Co.’s plan for operating and winding down in a potential bankruptcy, easing restrictions that were placed on the bank last year when regulators called its plan insufficient. The Federal Deposit Insurance Corp. and...
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Bank of America, Quality of Care
CEOs rate productivity 'very low' from emerging tech
CIOMatt Hamblen
The internet of things, artificial intelligence, blockchain and 3D printing promise to improve productivity on a grand scale for enterprises, cities and other organizations. Even so, CEOs and other senior enterprise managers rate such breakthrough technologies "very low" in terms of productivity...
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