417 results about this entity
Period: 13 Jul 2004 - 24 Oct 2024
News
Bank of America is looking to attract recession-hit customers with the launch of a new Web site that allows users to earn cash back on purchases at a host of online retailers.
10 March 2009
Citigroup plans to sell its stake in Brazilian credit card company Redecard, "a source with direct knowledge of the plans" has told Reuters, potentially raising $1.27 billion for the troubled US bank.
20 February 2009
US consumers are spending less time on traditional online banking sites, creating fresh challenges for banks as they scramble to attract retail deposits in a shrinking economy.
23 January 2009
Bank of America has become the latest financial institution to tap micro-blogging site Twitter, launching a feed to provide advice and help to customers.
16 January 2009
Merrill Lynch, and its new owner Bank of America, are being sued by two back-office derivatives employees who claim they have not been paid overtime owed under the federal Fair Labor Standards Act.
13 January 2009
Bank of America has confirmed plans to axe up to 35,000 jobs over the next three years, as it moves to eliminate redundancies from its pending merger with Merrill Lynch and respond to the weak economic environment.
12 December 2008
A Trojan masquerading as a Mozilla Firefox plugin to steal online bank passwords has been found by Romanian security firm BitDefender.
05 December 2008
The leader of a criminal gang that cost financial institutions over $20 million in losses through card, wire and bank fraud has pleaded guilty to conspiracy charges, say officials in New York.
27 November 2008
Bank of America has become the first bank to offer a mobile phone application on Google's Android Market, which opened for business Wednesday with 50 apps available for download.
23 October 2008
Bank of America, Credit Suisse and Morgan Stanley have come together to develop a new online hub for buy and sell-side institutions participating in the corporate bank loan market
21 October 2008
Merrill Lynch CEO John Thain says he expects to see thousands of job cuts in IT, finance, and administration as the company looks for $7 billion in savings from its merger with Bank of America.
20 October 2008
Merrill Lynch is installing IBM's iDataPlex 'cloud' servers to help reduce energy costs and power consumption at its data centre.
10 October 2008
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