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Bank Technology News December 2003 John Adams |
BofA's Fleet Of Headaches Bank of America bit off a mouthful when it bought FleetBoston, and the digestion promises to be long, fraught with all the trials and tribulations emerge in the wake of such consumption. |
U.S. Banker November 2007 Anthony Malakian |
M&A Activity: BofA Succumbs to Pressure From Community Activists After six months of pestering Bank of America to make concessions in the communities served by LaSalle Bank, community groups finally scored a partial victory. |
Bank Systems & Technology November 30, 2003 Steven Marlin |
Careful What You Wish For: Technology Is Key to BofA/Fleet Deal Bank of America and FleetBoston must decide how best to assimilate their systems. |
Bank Systems & Technology January 11, 2008 Maria Bruno-Britz |
IT Integration and the Bank of America/Countrywide Merger The merger of Bank of America and Countrywide will bring together two companies with very large IT organizations. In the beginning they will probably run the core systems of both companies simultaneously. |
InternetNews May 18, 2005 Clint Boulton |
Platform Shift Knocks 40K BofA Customers Offline Bank of America will take down some online and ATM access to finish switching over customers still on the Fleet network. |
BusinessWeek February 7, 2005 Dean Foust |
BofA's Happy Surprise Consumer chief McGee's sweeping makeover of Fleet's branches is a success |
U.S. Banker July 2004 Michael Dumiak |
SubdivIsions Over the past decade part of the ticket to building the country's massive financial empires has been a public promise to pour money into developing communities. Add up the numbers up and it's a staggering amount of money. |
Bank Systems & Technology November 30, 2003 Katherine Burger |
Damning with Faint Praise The winner of last month's "Now you tell me!" award was Charles Prince, Citigroup's recently named CEO, who stated in a presentation about the institution's global corporate and investment bank, "The era of the transformational merger is over." |
Knowledge@Wharton |
Bank of America and FleetBoston: Dud Deal? It was the third largest bank merger in history, promising to create a mega-bank that would span the country. But though bank executives promise economies of scale and cross-selling opportunities, investors have not been impressed. |
CFO March 1, 2004 Kris Frieswick |
The Two Faces of Bank Mergers Despite all the talk about the "seamlessness" of the mergers being planned in the nation's fast-consolidating banking industry, CFOs of bank customers aren't all that convinced. And their concerns are both financial and personal: Will the merger of their bank hurt their access to capital, they ask? And how will their relationship with bank officers change? |
BusinessWeek May 22, 2006 Mara Der Hovanesian |
(Investment) Bank Of America? Bank of America aims to build its way up to the top tier of investment banks. It won't be easy. |
Bank Systems & Technology November 16, 2009 Maria Bruno-Britz |
BAFT, IFSA Announce Plan to Merge The two largest trade groups for global transaction banking say that by becoming one, they can better service the GTS community. |
Bank Technology News June 2004 John Adams |
The General of BofA's Army Ken Lewis was named president, chairman and CEO of BofA in 2001 following the turf war that accompanied the NationsBank-BofA deal. |
The Motley Fool December 7, 2009 David Lee Smith |
The Comcast-NBC Universal Merger Could Take Eons Should you play the Comcast merger through the cable company? |
U.S. Banker March 2008 Michael Sisk |
Recession or Not, BofA Deal Recommits to Consumer Just weeks after BofA agreed to purchase Countrywide Financial for a price that deeply discounted the value of its mortgage holdings, the Federal Reserve stepped up its aggressive rate cutting, taking some pressure off adjustable-rate mortgages and spurring a refinancing mini boom. |
The Motley Fool August 31, 2011 Dan Radovsky |
Another Frankenstein Bank? Fed hearings and more public comment may prove the Capital One-ING Direct deal's undoing. |
U.S. Banker February 2010 Steven Sloan |
Community Banks Sound Off on Pay Plan The Fed wants more control over executive pay, but many are arguing that smaller institutions should be exempt from the proposed rules. |
U.S. Banker January 2002 |
Letters to The Editor Guenther of ICBA Calls Fed Role in Payments Critical... Put Loan Risk Where it Belongs... Calling Me Names? Then Call Me First... etc. |
BusinessWeek November 10, 2003 Dean Foust |
BofA Heads Back To Main Street True, the consumer market has been the salvation of many a bank in recent years, but BofA's new drive to sell financial-services products to consumers could fizzle. |
InternetNews August 11, 2006 Ed Sutherland |
Andrew Calls Off ADC Merger... For Now After watching its stock value slide, Andrew's $2 billion merger with ADC is off. |
InternetNews October 11, 2006 Roy Mark |
DoJ Approves AT&T-BellSouth Merger The AT&T-BellSouth proposed merger cleared its first regulatory hurdle today with a resounding thumbs up from the Department of Justice, which unconditionally approved the $67 billion deal. |
U.S. Banker April 2011 Barbara A. Rehm |
Excess of Reserves, Shortage of Facts The Fed alone - not actions by banks - dictates how large the reserve number is. And it is the Fed s expansion of its balance sheet that has ballooned reserve levels at banks. |
The Motley Fool April 12, 2007 Dan Caplinger |
Stop Listening to the Fed Trying to understand the Federal Reserve will just get you confused. If you have a solid long-term investment plan, you shouldn't use news about the Fed to guide your trading decisions. If the noise will distract you, it's best just to tune it out. |
The Motley Fool March 17, 2008 Dan Caplinger |
Why Bernanke Is Ignoring You Rate cuts aren't finding their way to cash-strapped consumers. |
InternetNews August 19, 2005 Tim Gray |
Group Blasts Verizon-MCI Merger The California ISP Association says the planned combination of voice and data heavyweights would lead to less competition and higher prices. For the merger to go forward, the companies must get approval from the federal government and several state governments. |
BusinessWeek February 23, 2004 Gene G. Marcial |
Who's Courting BofA? With banking mergers and acquisitions heating up, some big U.S. and European banks are eyeing Bank of America as a possible partner. |
The Motley Fool August 10, 2006 Dan Caplinger |
How the Fed Affects You Federal Reserve decisions about interest rates trickle down to everyone. |
National Real Estate Investor June 26, 2003 Parke Chapman |
Fed Cuts Rates Again The Federal Reserve has slashed a key short-term interest rate by one-quarter percent, bringing the rate to its lowest level in nearly 50 years. That one-quarter percent cut was conservative: many observers predicted that the Fed would bring rates down by an aggressive half percent. |
U.S. Banker January 2011 Scott Anderson |
Short-Term Gain, Long-Term Pain The Fed s plan to buy $600 billion of Treasury bonds might boost demand for loans, but this latest round of quantitative easing could hamper bank profitability and continue to restrain the economic recovery. |
The Motley Fool June 6, 2008 Tom Hutchinson |
This Week in Banking Banking news: It was a roller-coaster in subprime land this past week. |
The Motley Fool July 23, 2011 Dan Radovsky |
Senate Antitrust Chairman Condemns AT&T Merger Politicians are starting to grumble about the AT&T -- T-Mobile merger. |
BusinessWeek November 5, 2009 James C. Cooper |
Business Outlook: The Fed: A Whole New Playbook for Tightening Now that growth is picking up, it'll soon be time to sop up excess funds. But given the unconventional easing of the past year, the old methods no longer apply. |
CIO April 1, 2004 Alice Dragoon |
Banks Fight Customer Fligtht Following mergers, banks used to sacrifice customer service in favor of speedy integration and cost-cutting. But no more. Here's how CIOs are helping banks implement a new postmerger mandate to focus on customer service. |
The Motley Fool December 12, 2007 Dan Caplinger |
Is the Fed Smart, Dumb, or Both? One day, the market thinks the Federal Reserve chairman is the dumbest guy on Earth. The next morning, he's the master of the universe. The reality is somewhere in between -- but try telling that to traders who get whipsawed repeatedly. |
BusinessWeek December 3, 2009 Peter Coy |
An Embattled Fed Fights Back Bernanke is unapologetic and warns that moves to weaken the central bank would jeopardize economic stability |
Bank Systems & Technology May 25, 2006 Maria Bruno-Britz |
BankAmericard Resurrection: Just Posturing or Real Business? Bank of America announced in late April that it is entertaining plans for creating a new credit card brand and processing network. According to industry insiders, the move would significantly alter the card/processing space. |
U.S. Banker September 2010 Glen Fest |
A New Era at BofA Consumer groups that have long bashed the nation's largest retail bank now have a seat at the table. |
BusinessWeek March 31, 2011 David J. Lynch |
The Fed Partially Lifts the Veil on Its Discount Window As the Fed insists on better risk management by banks, pressure may grow for it to release timely data on discount window lending. |
The Motley Fool March 18, 2010 Matt Koppenheffer |
Did the Fed Go Too Low Too Long? Did the Fed blunder the first time through? Is there any hope of avoiding it this time? |
BusinessWeek December 3, 2009 |
Challenges to the Fed The Federal Reserve may undergo some loss of power and privacy. |
BusinessWeek December 9, 2009 Keoun & Mildenberg |
TARP: Last Bank Out Is a Rotten Egg Citi, the only major bank left with "exceptional" federal aid, is racing to arrange payback terms. |
BusinessWeek January 29, 2009 |
On the Dole Bank of America, which agreed to buy Merrill Lynch in September, has been a prime beneficiary of the bailout. |
The Motley Fool January 15, 2009 Morgan Housel |
Bank of America Comes Back for Seconds After biting off more than it could chew with its acquisition of Merrill Lynch, Bank of America is heading back to the bailout line for a second helping. |
InternetNews October 13, 2006 Roy Mark |
AT&T-BellSouth Merger Approval Stalled The Federal Communications Commission delayed a vote on the AT&T and BellSouth merger today and rescheduled the issue for Nov. 3. |
Bank Technology News July 2011 Keith Button |
Dodd-Frank, The Fed, and IT The law's a sleep-depriver for COOs right now, but CIOs should keep an eye on how the Fed's new duties will guide tech policy. |
BusinessWeek February 17, 2011 Craig Torres |
The Fed's A-Team Hunts for Signs of Risk LISCC, as the Fed team of analysts and economists is called, probes the banks. |
InternetNews February 22, 2005 Tim Gray |
SBC, AT&T Get the Merger Started SBC, AT&T look to FCC and Justice for $16 billion merger approval. |
BusinessWeek June 24, 2010 Scott Lanman |
William English's Very Big Job at the Fed The new top monetary policy adviser at the Fed will help decide when to lift rates and shrink the balance sheet. |
InternetNews January 31, 2005 Jim Wagner |
SBC, AT&T Seen as Prototype For Telecom's Future SBC to Acquire AT&T For $16 Billion. Executives say the industry needs a combination like a Baby Bell with Ma Bell to survive competition. |
BusinessWeek November 6, 2006 James C. Cooper |
U.S.: A Do-Nothing Fed Is Looking Less Likely The notion that the Federal Reserve will be cutting interest rates next year is rapidly losing support on Wall Street. |