Bank of America

435 results about this entity

Period: 13 Jul 2004 - 12 Aug 2025

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Payments stakeholders push for XML clarity in the corporate-to-bank space

Payments stakeholders push for XML clarity in the corporate-to-bank space

Banking network Swift is working with a consortium of major financial institutions, corporations and technology vendors to develop a set of common standards for the implementation of ISO20022 messages in the corporate-to-bank space.

Standard Bank asks customers for ideas as BofA tells them to leave it alone

Standard Bank asks customers for ideas as BofA tells them to leave it alone

South Africa-based Standard Bank has added a section to its blog site where customers can submit ideas on how it can improve service.

IBM to buy Bank of America mortgage servicing unit

IBM to buy Bank of America mortgage servicing unit

IBM has signed a deal to buy the core operating assets of Bank of America's mortgage servicing unit Wilshire Credit Corporation. Financial terms of the deal were not disclosed.

Transaction bankers embrace co-operation

Transaction bankers embrace co-operation

The future of transaction banking lies in greater collaboration between banks and a greater adoption of outsourcing. This was the main point delivered at a keynote debate at this Sibos, the annual user conference of banking co-operative Swift.

Nyse Euronext to sell options mart stake to dealer consortium

Nyse Euronext to sell options mart stake to dealer consortium

Nyse Euronext has agreed to sell a "significant" equity stake in one of the company's two US options exchanges to a consortium of market makers, including BofA Merrill Lynch, Barclays Capital, Citadel Securities, Citi, Goldman Sachs, TD Ameritrade and UBS

Dealers to accelerate central clearing of OTC trades

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.

Bernanke hit by ID theft gang - Newsweek

Bernanke hit by ID theft gang - Newsweek

US Federal Reserve chief Ben Bernanke has fallen victim to an identity fraud ring accused of hitting hundreds of people and stealing more than $2.1 million, according to Newsweek.

Bank of America sells B2B e-payment and invoice business to Bottomline

Bank of America sells B2B e-payment and invoice business to Bottomline

Bank of America is selling its business-to-business electronic payment and invoice network, PayMode to Bottomline Technologies as part of a multi-year agreement with the vendor. Financial terms were not disclosed.

Data compression firm files patent infringement suits against banks and exchanges

Data compression firm files patent infringement suits against banks and exchanges

A US firm specialising in data compression has filed lawsuits against a host of investment banks, stock exchanges and financial news and data outfits, accusing them of patent infringement.

BofA to close 10% of branches as customers go online and mobile - WSJ

BofA to close 10% of branches as customers go online and mobile - WSJ

Bank of America plans to close around 10% of its 6,100 branches in response to shrinking customer demand as people turn to online and mobile banking, according to the Wall Street Journal.

Three more banks join CLS/Icap FX joint venture

Three more banks join CLS/Icap FX joint venture

Bank of America, Credit Suisse and Morgan Stanley have joined four other founder banks in supporting the CLS/Icap joint venture to provide trade aggregation services in the over-the-counter FX market.

TCS Q1 profit soars as demand from banks picks up

TCS Q1 profit soars as demand from banks picks up

Increased demand from financial services firms has led to better than expected first quarter earnings for Indian IT firm Tata Consultancy Services (TCS).

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