News: Bank of America Corp (BAC.N)

BAC.N on New York Stock Exchange

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Fri, Jun 28 2013

UPDATE 1-Private equity circles MoneyGram -sources

NEW YORK, June 28 - Carlyle Group LP and TPG Capital LP are among private equity firms vying for MoneyGram International Inc, the world's second-largest money transfer company, four people familiar with the matter said this week.

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BofA taps Moelis banker as financial institutions group vice chairman

NEW YORK - Bank of America has tapped a Moelis & Company financial services investment banker as vice chairman of its global financial institutions group, according to a memo reviewed by Reuters that was sent to the bank's employees Friday morning.

Fitch Rates Bank of America's Secured Asset Finance Company LLC's Senior Secured Notes Program 'A'

(The following statement was released by the rating agency) NEW YORK, June 27 (Fitch) Fitch Ratings has assigned a rating of 'A' to Bank of America Corporation's (BAC) Secured Asset Finance Company LLC's senior secured notes program. Fitch had already assigned a rating of 'A' to Secured Asset Finance Company B.V's senior secured notes in March 2013. Repayment of both entity's notes are unconditionally guaranteed by BAC. KEY RATING DRIVERS: The ratings of Secured Asset Finance Company LLC a

Bank of America rejects AIG bid to reopen $8.5 bln mortgage accord

NEW YORK, June 27 - Bank of America Corp has rejected a bid to re-open negotiations into its proposed $8.5 billion settlement with investors in mortgage securities, indicating it plans to take its chances that a New York judge will approve the deal.

Kodak restructuring framework OK'd by court, will go to creditors

NEW YORK, June 25 - The framework of a plan by Eastman Kodak Co to restructure as a commercial imaging business was approved by a bankruptcy judge on Tuesday, bringing the former photography company one step closer to exiting from Chapter 11 protection.

Bank of America hires JPMorgan banker to co-head new TMT group

June 19 - Bank of America has appointed J.P. Morgan Chase & Co investment banker Anwar Zakkour as co-head of its newly formed global technology, media and telecoms(TMT)group.

RPT-DEALTALK-Cheap foreign loans spur India's outbound M&A march

MUMBAI/HONG KONG, June 17 - Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to Indian corporates hungry to expand beyond their home state.

Cheap foreign loans spur India's outbound M&A march

MUMBAI/HONG KONG - Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to Indian corporates hungry to expand beyond their home state.

DEALTALK-Cheap foreign loans spur India's outbound M&A march

MUMBAI/HONG KONG, June 17 - Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to Indian corporates hungry to expand beyond their home state.

Former Bank of America workers allege it lied to home owners

- Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments and documents.

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