Bank of America (BAC)
News from The Business Journals
BofA survey: San Francisco small businesses less tech savvy than New York's
Bank of America found Bay Area small-business owners are less tech savvy than their national peers. How can that be true if this is the center of tech innovation?
M&T will work with NYS on illegal payday loans
M&T is among four financial institutions that have agreed to use a new database created by the Department of Financial Services to help identify and prevent illegal payday lending in New York.
Sources: Allegheny Center on block
North Side office complex could fetch more than $65 million; Faros Properties cited as potential buyer.
Woodbury's City Place development snags retail and restaurant tenants
The former State Farm campus redevelopment is already getting commitments from familiar brands and retailers and restaurants that are new to the market.
Hugh McColl to be inducted into Carolinas Entrepreneur Hall of Fame
The retired chairman and CEO of Bank of America has had a successful second act as an entrepreneur in the fields of investment banking and private equity.
Bank of America hit with downgraded Community Reinvestment Act rating
A key measure of Bank of America's effectiveness in serving low- to moderate-income borrowers has been downgraded by federal authorities.
Smartphones are stressing Greater Washington small business owners, Bank of America survey finds
More than one-third of small business owners in Greater Washington say their mobile device makes them feel more stressed than five years ago, 9 percentage points higher than their counterparts in eight other major metros.
Debt fueling recent merger and acquisition deals
DSS Group, Gentiva Health Services and FleetCor acquisitions all involve significant amounts of debt.
Bank of America hit with downgraded Community Reinvestment Act rating
A key measure of Bank of America's effectiveness in serving low- to moderate-income borrowers has been downgraded by federal authorities.
Internet Patents buys Nebraska intellectual property company for $16.5M in cash
​Internet Patents says it will buy intellectual property licensing company Prism Technologies for $16.5 million in cash.
Bank of America slapped with $250 million fine after FX trading 'impropriety'
Federal authorities fined BofA, JPMorgan Chase and Citigroup a total of $950 million for manipulating the trade of foreign currencies.
Bank of America hit with downgraded Community Reinvestment Act rating
A key measure of Bank of America's effectiveness in serving low- to moderate-income borrowers has been downgraded by federal authorities.
Which banks are favored by rich investors?
Which banks do high net worth investors prefer to use as their primary bank? That’s what Spectrem Group, an Illinois-based research firm, studied in its annual examination of adviser usage among affluent investors nationwide.
Out-of-town banks make inroads on Buffalo SBA loans
Ten of the top 25 U.S. Small Business Administration lenders who made loans in the Buffalo District came from outside the region.
BofA: Dallas small businesses set to bring in more money, hire employees
While some large corporations are undergoing major layoffs and tightening their budgets, it may come as a surprise that 64 percent of small business owners expect their revenues to increase in the next year. Some of that money will go toward hiring additional staff, as 46 percent of owners plan to add employees in the coming year.
