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Earnings Preview: Bank of America Corp (BAC), Morgan Stanley (MS), Citigroup ...
The country's biggest banks, which report their earnings Friday and next week, are struggling to grow revenue amid a continued slump in bond trading revenue and a tighter regulatory environment.
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Earnings Comments On Bank Of America
"Under Mr. Moynihan, BofA has focused on putting its large legal settlements behind it as it tries to remover litigation uncertainty for investors," writes Camilla Hall in the Financial Times.
Bank Of America: More Likely To Hit $25 Than $10
After Citigroup (C) presented solid Q1 2014 earnings and surprised analysts with an earnings beat on April 14, 2014, Bank of America (BAC) released quarterly results Wednesday. High litigation costs unsettled investors, and shares of Bank of America ...
BofA Clears Another Major Hurdle With $9.3B Mortgage Settlement
It's a big chunk of money for BofA. The settlement will hurt the bank's first quarter 2014 income by $3.7 billion (pretax), or $.21 per share.
Bank of America to pay $9.3 billion to settle mortgage bond claims  Reuters
Bank of America to Pay $6.3 Billion to Settle Mortgage Securities Suit  New York Times
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Bank of America, ex-CEO Lewis settle NY lawsuit over Merrill
NEW YORK (Reuters) - Kenneth Lewis, who turned Bank of America Corp into the nation's largest bank but also saddled it with enormous losses tied to mortgages, has settled a lawsuit accusing him of deceiving investors about one of his biggest ...
Lewis, BofA Reach $25 Million Pact With N.Y. Over Merrill  Bloomberg
BofA, Ex-CEO Lewis Settle Crisis-Era Suits  Wall Street Journal
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Bank of America to lay off 3000 workers, close three overseas offices
About 3,000 Bank of America employees are expected to lose their jobs as the Charlotte-based bank trims its overseas operations.
Bank of America to cut 3000 support jobs across Latin America, Asia  Reuters
Bank of America to Cut 3000 Overseas Jobs  ABC News
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Bank Of America's Mortgage Problems Put Into Perspective
Bank Of America is struggling with mortgage production revenue and has been for some time, as have all the big banks. This revenue was a mere 1.2% of total revenue in the first quarter, making it immaterial in my view.
Will BofA (BAC) Disappoint This Season?
Therefore, in the present low interest rate scenario, we do not expect BofA to report a remarkable improvement in interest income.
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BofA's Moynihan Delivers at Last on Vow to Boost Dividend
Jan. 21 (Bloomberg) -- Brian Moynihan, chief executive officer of Bank of America Corp., talks about the company's performance, financial regulation and the U.S.
BofA's Moynihan gets 77% boost in annual comp  USA TODAY
Bank of America CEO gets 89% boost in compensation package  KSDK
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Thursday's Analyst Moves: Alcoa Inc, Bank of America Corp, SanDisk ...
Bank of America (BAC ) was upgraded to �Outperform� from �Perform� at Oppenheimer, as Oppenheimer believes BAC's future legal costs are manageable.
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