458 Results from "Bank of America"
/retail
Bank of America has outsourced its merchant processing to a new joint venture company established with First Data.
29 June 2009
/regulation
Banking co-operative Swift has adapted its Accord matching system to handle the pre-settlement processing of securities trade flows between prime and executing brokers and hedge funds.
11 June 2009
Actus, a recently formed US holding company, is suing 20 companies, including Bank of America, MasterCard, Obopay and Visa, accusing them of infringing four patents related to an electronic payments system for e-commerce.
17 April 2009
Wells Fargo is the latest bank to launch a Twitter feed, where customers can ask questions and seek advice.
27 March 2009
Bank of America is looking to attract recession-hit customers with the launch of a new Web site that allows users to earn cash back on purchases at a host of online retailers.
10 March 2009
Citigroup plans to sell its stake in Brazilian credit card company Redecard, "a source with direct knowledge of the plans" has told Reuters, potentially raising $1.27 billion for the troubled US bank.
20 February 2009
US consumers are spending less time on traditional online banking sites, creating fresh challenges for banks as they scramble to attract retail deposits in a shrinking economy.
23 January 2009
Bank of America has become the latest financial institution to tap micro-blogging site Twitter, launching a feed to provide advice and help to customers.
16 January 2009
/wholesale
Merrill Lynch, and its new owner Bank of America, are being sued by two back-office derivatives employees who claim they have not been paid overtime owed under the federal Fair Labor Standards Act.
13 January 2009
Bank of America has confirmed plans to axe up to 35,000 jobs over the next three years, as it moves to eliminate redundancies from its pending merger with Merrill Lynch and respond to the weak economic environment.
12 December 2008
A Trojan masquerading as a Mozilla Firefox plugin to steal online bank passwords has been found by Romanian security firm BitDefender.
05 December 2008
The leader of a criminal gang that cost financial institutions over $20 million in losses through card, wire and bank fraud has pleaded guilty to conspiracy charges, say officials in New York.
27 November 2008
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