Bank of America

434 results about this entity

Period: 13 Jul 2004 - 01 Jul 2025

RiskMetrics prices shares at $17-$19 for IPO

New York financial analytics outfit RiskMetrics Group says it will sell a total of 14 million shares at an estimated price of $17-$19 apiece in its forthcoming initial public offering (IPO).

Financial firms to launch futures trading venture

News that a consortium of banks and trading firms are teaming up to establish an all-electronic futures trading exchange sent shares in CME Group tumbling over the holiday season.

Bank of America clocks up 500,000 m-banking customers

Bank of America says it has signed 500,000 customers to its mobile banking system in the six months since the service was launched.

MBNA Canada Bank launches 'carbon offset' credit card

Bank of America's card unit MBNA has become the latest financial institution to jump on the 'green' bandwagon with the roll out of a 'carbon-offsetting' credit card, called Eco-Logique, to its customers in Canada.

US m-banking numbers to soar - TowerGroup

The number of US customers using mobile banking services will accelerate over the next five years, rising from 1.1 million in 2007 to more than 40 million by 2012, according to forecasts from TowerGroup.

Wall Street firms to share Nasdaq 144A securities platform

A consortium of Wall Street banks have opted to ditch their competing electronic trading system for unregistered securities in order to cooperate on a single platform operated by Nasdaq.

SMS banking passwords fail to stop hackers - research

The use of SMS authentication to access Web banking services fails to protect people from hackers and fraud, according to research conducted by The Queensland University of Technology (QUT) in Australia which found that human error remains one of the biggest risk factors.

Nyse Euronext teams with Bids for block trading JV

Exchange operator Nyse Euronext is establishing a block trading joint venture with Bids Holdings, the Wall Street consortium that is setting up its own alternative platform for equity block stock trading.

Bank of America trials in-store cash management system

Bank of America is piloting an in-store cash management hardware device for retailers that counts and secures bank notes and communicates the information directly to the bank, allowing funds to be credited in accounts.

Bank of America launches small business community site

Bank of America has launched an online community for small business owners to share experiences and network with their peers.

Sun treasury works with BofA on ISO20022 payments messaging

The growing support among both corporates and banks for the ISO 20022 messsaging standard was illustrated today with the news that Bank of America and Sun Microsystems are piloting a payments processing system based on the specification.

Bank of America, Credit Suisse and UBS join Opus-5 144A securities platform

Bank of America, Credit Suisse and UBS have joined Opus-5, a bank-backed electronic trading platform for unregistered securities.