Bank of America Corp (BAC_pa.N)
19 Jan 2018
Jan 18 The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email email@example.com.
Jan 18 Bank of America Corp has appointed Jack MacDonald to be head of global technology, media and telecom investment (TMT)banking, following the departure of Anwar Zakkour, the banker who formerly led the TMT group, according to a memo seen by Reuters.
NEW YORK, Jan 18 Omeed Malik, a former Bank of America Merrill Lynch executive, is preparing to launch an advisory firm for hedge funds and other so-called alternative investment managers, according to a person familiar with the situation.
Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit shareholders.
* 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
Jan 16 Citigroup Inc on Tuesday posted an $18.3 billion quarterly net loss on one-time tax charges, but said adjusted income rose 4 percent from a year earlier as consumer businesses made up for lower revenue from bond and currency trading.
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.
NEW YORK U.S. bank executives and investors expect a long-term boost from the new federal tax code, but the biggest lenders will first need to book multi-billion-dollar charges that will muddle fourth-quarter results.