Royal Bank of Canada and Credit Suisse are among the suitors seeking to bid for the non-US wealth management businesses of Bank of America Merrill Lynch, sources told Reuters, in
Billionaire industrialist Mukesh Ambani has got fresh shares worth about Rs 86 lakh from Bank of America, but also had to sell shares worth Rs 16 lakh of the US-based
US-based Bank of America paid about Rs 1. 4 crore as director compensation during 2011 to Indian industrialist Mukesh Ambani who had joined the board of the global banking giant
Bank of America Merrill Lynch aims to cut about a fifth or about 15 of its total managing directors in Asia as part of a reshuffle at the troubled US
Bank of America Corp is looking to reduce its annual expenses by $5 billion a year by 2013 through its major cost-cutting initiative, Chief Executive Officer Brian Moynihan said.
Moynihan
Bank of America Corp is selling about half its stake in China Construction Bank for $8. 3 billion in its latest effort to shed assets and boost capital
Bank of America Merrill Lynch raised its 12-month gold price forecast to $2,000 an ounce, citing the increased possibility of a third round of quantitative easing coupled with the deterioration
Within weeks of granting shares worth about Rs 11 lakh, Bank of America has given fresh shares worth over Rs 72 lakh to Mukesh Ambani as part of his annual
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