Bank of America Corp (BAC.N)
Wed, Jan 17 2018
Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.
* BANK OF AMERICA REPORTS Q4-17 NET INCOME OF $2.4 BILLION, EPS $0.20
Jan 17 Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.
* BANK OF AMERICA - CREDIT CARD CHARGE-OFF RATE WAS 2.60 PERCENT IN DECEMBER VERSUS 2.74 PERCENT IN NOVEMBER
LONDON, Jan 12 Global investors kicked off 2018 with "blockbuster" inflows into equities, corporate bonds and emerging market debt, Bank of America Merrill-Lynch (BAML) said, warning its key risk indicator could soon flash sell signals.
LONDON The powerful rally in global stocks and other markets is likely to persist until higher borrowing costs and a stronger dollar force investors to back off, Bank of America Merrill-Lynch's analysts said on Friday.
LONDON, Jan 5 The powerful rally in global stocks and other markets is likely to persist until higher borrowing costs and a stronger dollar force investors to back off, Bank of America Merrill-Lynch's analysts said on Friday.
* ARRIS INTERNATIONAL - ON DEC 20, CO, UNITS, BANK OF AMERICA, OTHER LENDER PARTIES ENTERED FOURTH AMENDMENT TO JUNE 18, 2015 AMENDED & RESTATED CREDIT FACILITY
BRIEF-Bank Of America Says Currently Estimates Net Income For Quarter Ended Dec 31 To Include Reduction Of About $3 Bln As Result Of Tax Act
* BANK OF AMERICA - CURRENTLY ESTIMATES NET INCOME FOR QUARTER ENDED DEC 31 TO INCLUDE REDUCTION OF ABOUT $3 BILLION AS RESULT OF TAX ACT
Exclusive: Bank of America Merrill Lynch to pay $26 million for allegedly failing to report suspicious transactions
NEW YORK (TR Regulatory Intelligence) - Wall Street regulators later Thursday or early next week are expected to fine Bank of America Merrill Lynch a total of $26 million over alleged failures to report suspicious transactions, two sources familiar with the matter said.
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