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458 Results from "Bank of America"

/retail

Cardtronics files for $300 million IPO

American ATM operator Cardtronics has filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) of common stock worth up to $300 million.

/retail

Bank of America and MasterCard target entrepeneurs via Microsoft Startup Center

Microsoft is collaborating with Bank of America, MasterCard and FedEx to provide an online resource for individuals looking to set up their own businesses.

/regulation

Broker research evaluation service launched by TheMarkets.com, Wall Street firms

A full-service broker research evaluation programme called MeritMark is being launched by bank-backed capital markets portal TheMarkets.com in partnership with 12 Wall Street firms.

/retail

CheckFree hit with lawsuit; may lose Bank of America contract

US e-payments firm CheckFree has been hit with a class action lawsuit alleging that directors deliberately misled investors by issuing false and misleading statements between 4th April and 1st August last year that artificially inflated the company's share price. The news comes amid rumours that CheckFree stands to lose a major part of a lucrative contract with its biggest customer, Bank of America.

/wholesale

Bank of America launches adaptive algorithm for small to mid-cap stocks

Bank of America has launched a new 'adaptive' algorithmic trading program, dubbed Instinct, for dealing in less liquid small to mid-cap stocks.

/regulation

Six more Wall Street banks invest in Bids

Bank of America, Bear Stearns, Credit Suisse, Deutsche Bank, JPMorgan and Knight Capital have each invested in the Block Interest Discovery Service (Bids), an alternative platform for equity block stock trading.

/wholesale

Bank of America lays off more Nyse floor staff

Following the New York Stock Exchange's move to its new hybrid trading system Bank of America Specialists has laid off another 43 Nyse specialists and clerks and warned staff that more job cuts are on the way.

/retail

Bank of America to introduce m-banking

Bank of America is to roll out a comprehensive mobile banking service to its 21 million online banking customers nationwide.

/retail

Wells Fargo extends free online stock trading lure

Wells Fargo's brokerage unit is set to offer up to 100 free online trades a year to customers with at least $25,000 in balances at the firm.

/retail

Study questions effectiveness of image authentication

A joint study by researchers at Harvard and the Massachusetts Institute of Technology (MIT) has found that site authentication images — where customers choose images that appear on a log-in page to prove the authenticity of the Web page — provide little protection to customers.

/retail

HSBC launches contactless m-payments trial in US

HSBC is launching a pilot of mobile contactless payments technology at its US card services division that will see staff use their handsets to pay for low-value purchases.

/wholesale

Van der Moolen cuts 30% of US jobs as Nyse moves to hybrid model

Nyse specialist Van der Moolen says it is cutting 30% of its US workforce as the Big Board completes the move of all listed securities to a new hybrid trading system.