Latest Bank of America News: Finextra Research

NYFIX Millennium recruits more bank backers

Banc of America Securities, JP Morgan & Co. and JP Morgan H&Q (formerly Chase H&Q) have joined the NYFIX Millennium Partnership, an interdealer-broker and alternative trading system.

03 April 2001

/payments

Bank of America launches BAFX on Bloomberg

Bank of America has announced the introduction of BAFX - an electronic foreign exchange dealing system offering clients one-on-one trading over the Bloomberg Professional system.

14 March 2001

/wholesale

FinancialOxygen gets big bank backing

Bank of America and JP Morgan Chase have announced a $10 million investment in FinancialOxygen, a provider of capital markets software and trading marketplaces for US independent banks, thrifts and credit unions.

27 February 2001

/wholesale

BofA selects CapitalStream for online financing

Bank of America is to use Seattle-based CapitalStream's automated online commercial finance transaction system for real-time credit applications and approvals for its small business clients.

27 February 2001

/wholesale

Banc of America Securities joins Market Axess

Banc of America Securities has taken an equity stake in credit product trading platform Market Axess, for an undisclosed sum. The bank joins fellow stakeholders ABN Amro, Bear Stearns, Credit Suisse First Boston, Deutsche Bank, JP Morgan Chase, Lehman Brothers and UBS Warburg.

15 February 2001

/retail

Bank of America celebrates three million online customers

Bank of America is celebrating the acquisition of three million online banking customers, representing over 20% of its current account base.

09 January 2001

/regulation

News Flash: Bank of America acts to quell gossip

In response to speculative rumours about alleged trading losses at the company, Bank of America Corporation this afternoon issued the following statement:

05 January 2001

/wholesale

Bank of America launches syndicated loan site

Bank of America has launched a Web site offering research and market analytics on the $1 trillion syndicated loan market.

14 December 2000

/retail

Brief: BofA contracts with Orga for disposable cards

Bank of America has contracted with Orga Card Systems for the supply of disposable smart cards for military trainees.

11 December 2000

/retail

Bank of America introduces photo security cards

Bank of America is introducing photographs on debit and credit cards in a bid to stamp down on fraud and theft.

07 December 2000

/retail

Bank of America installs talking cash machines

Bank of America has installed Florida's first talking cash machines in nine cities across the state.

05 December 2000

/wholesale

Brief: Bank of America consolidates securities processing

Bank of America's global corporate and investment banking division has signed a multi-year contract with ADP Brokerage Services Group for a newly developed back office securities processing system.

17 November 2000

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