Bank of America

417 results about this entity

Period: 13 Jul 2004 - 24 Oct 2024

Lloyds TSB introduces electronic small change savings scheme

UK bank Lloyds TSB is launching a new savings scheme that automatically rounds-up customer spending on debit cards to the nearest pound and routes the extra cash into a savings account.

Nasdaq raises funds for LSE bid

US market operator Nasdaq has secured around $5.1 billion in debt financing and $775 million of equity financing to help secure its potential purchase of the London Stock Exchange (LSE).

Bank of America suffers downtime blues

Bank of America suffered the most online downtime among leading US banks recently, according to data gathered by Swedish Web monitoring firm Pingdom.

Bank of America begins contactless m-payments trial

Bank of America is conducting trials of contactless mobile payments technology as an alternative to low-value cash payments.

Bank of America tops ID fraud protection poll

Bank of America has come out top in a study conducted by Javelin Strategy & Research that examines how well US financial services firms prevent, detect and resolve consumer identity theft.

Bank of America pilots FX dealing algorithm

Bank of America is expanding its automated trading capabilities with the launch of its first algorithm for foreign exchange dealing.

JPMorgan launches 'dark book' algorithms

JPMorgan Chase has launched Aqua and Arid, two institutional trading algorithms that have been designed to stealthily trade stocks on dark books - trading networks that do not publish quotes in the open market - as well as on exchanges and ECNs.

Bank of America hires Donna Bucella to head business continuity

Bank of America has appointed FBI official Donna Bucella to the position of business continuity executive.

Banc of America Securities hails Ambush algorithm

Banc of America Securities (BAS) says its newest equity algorithm, Ambush, which is designed to swiftly execute large orders with minimal market impact, has experienced the fastest adoption rate of any of its seven algorithmic trading strategies.

Fixed income dealers to set up LiquidityHub swaps service

A group of ten investment banks have joined forces to form LiquidityHub, a central fixed income pricing aggregator which is initially being introduced for dealer-to-client prices on euro and dollar interest rate swaps and US Treasurys.

EDS reports $700m Bank of America contract

EDS has inked a six-year $700 million deal to integrate the communications infrastructure for MBNA Corporation into Bank of America's voice and data network.

Banc of America Securities names William Harts head of strategy, equities

Banc of America Securities has appointed William Harts as managing director and head of strategy for equities, with responsibility for design, integration and deployment of technology across the equities platform.