Bank of America Gets a Much Needed Boost from Investor John Paulson

Bank of America Gets a Much Needed Boost from Investor John Paulson

The holidays came early for Bank of America this year, as hedge fund investor John Paulson stated today that he expects the bank's stock to double in the coming years.

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Bank of America, UBS AG and JPMorgan Chase Sued By California Public Utility

Bank of America, UBS AG and JPMorgan Chase Sued By California Public Utility

Three major banks were sued today by a California public electric utility, the Sacramento Mununcipal Utility District (SMUD), which alleged that the banks coordinated pricing and accepted kickbacks in a scheme to pre-determine the winners of “municipal derivative” auctions.

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And the New Bank of America CEO Is…Ken Lewis Again?

And the New Bank of America CEO Is…Ken Lewis Again?

In the past couple of weeks, the banking world has been buzzing with questions about who will replace Bank of America CEO Ken Lewis

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Bank of America Searches for New CEO – Is It Setting Its Sights on A New York HQ Too?

Bank of America Searches for New CEO – Is It Setting Its Sights on A New York HQ Too?

Despite the controversies surrounding the later part of his tenure as Bank of America CEO, Ken Lewis' shoes may still be a tad too difficult to fill. A number of potential candidates have been named but so far, no forerunners have been identified.

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More Americans Are Paying Their Bills Online

More Americans Are Paying Their Bills Online

Over the past two years banks have tried to successfully integrate their online bill payment service into the mindset of each one of their members.  

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Bank of America is Closed for Veterans Day, But Still Hard at Work

Bank of America is Closed for Veterans Day, But Still Hard at Work

Despite the fact that today is Veteran's Day, a federal banking holiday, Bank of America has not stayed at home.

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Bank of America Suspends Federal Student Loans

Bank of America Suspends Federal Student Loans

Students who plan to use Bank of America to originate their federal loans for the 2010 school year will have to begin looking elsewhere.  

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Bank of America Officials Asked to Testify In Congressional Hearing

Bank of America Officials Asked to Testify In Congressional Hearing

As if Bank of America isn't having a hard enough time replacing CEO Ken Lewis, now three bank officials have been asked to testify at a congressional hearing this month.

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The Top 6 Luxury Credit Cards For The Wealthy

The Top 6 Luxury Credit Cards For The Wealthy

Nowadays, the wealth of a person is not evident through the watch around his wrist, the tie around his neck or the shoes on his feet, but by the plastic in his wallet. A credit card often represents a person's spending ability and credit history.

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Bank of America’s New Ad Campaign Promotes Banking Transparency

Bank of America’s New Ad Campaign Promotes Banking Transparency

Bank of America thinks that it has found the right marketing campaign to attract the modern banking consumer.  Overall, customers today are not so happy with their banks.  

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