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Showing 161 - 170 of 269 results for "Bank of America"

Market Wrap - Morning

AAP  |  TUESDAY, 9 AUG 2011
... to commodity prices. JPMorgan Chase fell 9.4 per cent, while American Express closed the day 8.8 per cent down. Bank of America plunged an eye-popping 20.3 per cent after it was hit with a $10.5 billion lawsuit from insurer AIG over its sales of faulty ...

Market Wrap - Morning

AAP  |  TUESDAY, 26 JUL 2011
... its spending and defaulting on its debt. Banks were losers as the debt limit cloud darkened over the markets: Bank of America lost 1.2 per cent, Morgan Stanley gave up 2.5 per cent, and JPMorgan Chase fell 1.2 per cent. Dow Chemical added 1.2 per cent ...

Market Wrap - Morning

AAP  |  TUESDAY, 19 JUL 2011
... aimed at preventing a default by Greece, which could have destabilising effects on larger European economies. Bank of America, the largest US bank in terms of deposits, saw its shares fall 2.8 per cent on the New York Stock Exchange on Monday, while ...

Market Wrap - Morning

AAP  |  TUESDAY, 12 JUL 2011
... continued to weigh on investor sentiment as well. All 30 Dow blue chip stocks fell, and big banks took heavy hits. Bank of America lost 3.3 per cent, JPMorgan Chase fell 3.2 per cent and Citigroup lost 5.3 per cent. Ford slid 4.1 per cent on worries ...

Market Wrap - Morning

AAP  |  MONDAY, 11 JUL 2011
... retailer Target, which rose 6.7 per cent, and Microsoft, which gained 3.5 per cent. Bank stocks underperformed, with Bank of America down 3.5 per cent, JPMorgan Chase down 2.0 per cent and Goldman Sachs down 1.9 per cent for the period. One of the week's ...

Market Wrap - Morning

AAP  |  FRIDAY, 8 JUL 2011
... pay $US228 million ($A213.82 million) to settle accusations in a munibond price-fixing scandal that also involve Bank of America and UBS. Bond prices fell in the wake of an increase of the key euro interest rate by the European Central Bank. The yield ...

Market Wrap - Morning

AAP  |  THURSDAY, 7 JUL 2011
... leading the Dow with gains of 1.5 per cent and 1.4 per cent, respectively. Financial stocks were battered, with Bank of America tumbling 2.3 per cent, Citigroup falling 1.3 per cent and Wells Fargo down 1.1 per cent. Separately, a monthly report showed ...

Market Wrap -Morning

AAP  |  TUESDAY, 28 JUN 2011
... have been battered by fears of fallout from the Greek debt crisis, were among the biggest winners on Monday, with Bank of America gaining 3.1 per cent and American Express rising 2.5 per cent. Shares of Microsoft surged 3.7 per cent amid rumours that ...

Deutsche Bank appoints Merrill private wealth head

MATT WOODINGTON  |  FRIDAY, 24 JUN 2011
Chris Selby will become Deutsche Bank's new head of private wealth management in Australia, joining from Bank of America Merrill Lynch, whose own wealth management interests were transferred to Evans and Partners last year. Selby joins Deutsche Bank ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 JUN 2011
... Nasdaq Composite fell 1.00 (0.04 per cent) to 2,701.56. Among the Dow's 30 blue chips, Cisco lost 3.0 per cent, and Bank of America slid 1.75 per cent. Apple gave up another 1.8 per cent after Monday's loss, which came despite the launch of its ambitious ...

Editor's Choice

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA
Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI
Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI
MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI
Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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