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Showing 131 - 140 of 255 results for "Bank of America"

S&P downgrades US bank ratings

CLAIRE MCGREAL  |  WEDNESDAY, 30 NOV 2011
... ratings of major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest banks under new criteria announced ...

FIIG Securities appoints director

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... for FIIG Securities' clients. Before joining FIIG Securities, Gordon was a director of debt capital markets at Bank of America Merill Lynch in London and New York where he responsible for structuring, credit research, analysis and execution of high-yield ...

Market Wrap - Morning

AAP  |  TUESDAY, 18 OCT 2011
... booking paper gains on the bank's own debt due to favourably changing interest rate spreads -- lost 2.7 per cent. Bank of America, which has not yet delivered its third-quarter earnings, dropped 2.6 per cent. Bond prices climbed sharply. The yield on ...

Market Wrap - Morning

AAP  |  TUESDAY, 11 OCT 2011
... Europe will boost the capital of its banks suffering from the public debt crises in Greece, Ireland and Portugal. Bank of America surged 6.4 per cent, JPMorgan Chase was up 5.2 per cent and American Express added 4.7 per cent. Apple leaped 5.1 per cent ...

Market Wrap - Morning

AAP  |  FRIDAY, 30 SEP 2011
... After a strong upward push in the morning, with the Dow's gains topping 2.0 per cent, the markets pulled back. Bank of America led the Dow push upward, adding 3.08 per cent after losing nearly five per cent Wednesday. Tech stocks were dragged down by ...

Market Wrap - Morning

AAP  |  THURSDAY, 29 SEP 2011
... which includes a new Greek bailout and an expansion of the eurozone rescue fund. All 30 Dow blue chips fell, with Bank of America taking a 4.9 per cent hit after a New York Times report said it is facing a $US50 billion ($A50.67 billion) shareholder ...

Market Wrap - Midday

AAP  |  THURSDAY, 22 SEP 2011
... points, or 2.01 per cent, to 2,538.19. Aside from the Fed's measures, Moody's downgraded three top US banks - Bank of America, Wells Fargo and Citigroup - as it sees the US government less willing than before to rescue them if they become unstable. RBS ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 SEP 2011
... unemployment and a depressed housing market. Traders also digested a series of Moody's downgrades on three top US banks - Bank of America, Wells Fargo and Citigroup - saying it saw the US government less willing than before to rescue them if they become ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 SEP 2011
... dollar liquidity into banks facing a shortage of the US currency. All 30 Dow blue-chips traded higher, led by Bank of America, which added 4.0 per cent after it said it would raise another $US1.5 billion in cash through the sale of a stake in Hospital ...

Market Wrap

AAP  |  TUESDAY, 13 SEP 2011
... Composite rallied 27.10 points, or 1.10 per cent, to 2,495.09. Financial stocks were the best performers, with Bank of America firming 1.0 per cent after announcing it will cut 30,000 jobs as part of a cost-cutting global restructure. Local investors ...