News-Blog

[Reuters] – U.S. prosecutors grilled a former executive of Bank of America Corp’s Countrywide unit in federal court on Wednesday, seeking to show she pressed employees to churn out thousands of substandard loans with …

[at Financial Times] – Customers at Bank of America’s new express branch on Wall Street will have to get used to talking to a screen. At half the size of a traditional branch, and with machines in place of people, it marks the …

[Business Wire] – The National Council of Youth Sports and American International Group, Inc. are pleased to announce that SquashSmarts has been named the STRIVE Organization of the Year for its “kids first” approach to safety.

[Moody’s] – London, 16 October 2013– Moody’s Investors Service stated today that a novation of an existing swap transaction entered into by Bradford& Bingley Covered Bonds LLP from Bank of America, N.A. as swap counterparty …

[at MarketWatch] – WASHINGTON (MarketWatch) – Federal Reserve Chairman Ben Bernanke does not have to testify under oath about the government’s bailout of American International Group Inc., at least while he is in office, …

[Reuters] – Stocks surged on Wednesday, nearing an all-time high, after Senate leaders said they had reached a deal to raise the government debt ceiling, one day before the U.S. defaults on its debt. U.S. Senate Majority …

[Reuters] – U.S. stocks surged on Wednesday on optimism that lawmakers, with time running out, would agree on a deal to prevent a U.S. debt default and end a partial federal government shutdown. The gains brought …

[Seeking Alpha] – Start Time: 08:37 End Time: 09:49 Bank of America Corporation (BAC) Q3 2013 Earnings Conference Call October 16, 2013, 08:30 AM ET Executives Brian Moynihan – President and CEO Bruce Thompson – CFO Lee …

[at theflyonthewall.com] – On The Fly: Midday Wrap