Bank of America Corp (BAC.N)
NEW YORK/LONDON, Oct 21 (IFR) - US banks unleashed a torrent
of callable senior debt in dollars and euros this week, finding
strong investor demand for the structure, which is designed to
cut the cost of new regulations.
NEW YORK, Oct 21 (IFR) - Large US investors are drafting
proposals to guard against being left holding riskier debt in
the event that big banks are broken up into smaller entities.
NEW YORK, Oct 20 The top U.S. credit union
regulator said on Thursday it had paid more than $1 billion in
legal fees to two law firms to pursue lawsuits against various
banks over their sales of toxic mortgage-backed securities
before the 2008 financial crisis.
LONDON, Oct 20 Headhunters are trying to lure
Italian bankers in London back to jobs at home, hoping to use
Britain's vote to leave the EU as leverage to fill a string of
vacancies at investment banks in Europe's fourth largest
Oct 19 In the latest apparent spoof on a U.S.
securities regulator's online filing system, a Chicago-area
artist with a fondness for inspirational quotes claimed to have
acquired about $88 billion worth of Bank of America Corp
shares on Wednesday.
Oct 19 The following financial services industry
appointments were announced on Wednesday. To inform us of other
job changes, email email@example.com.
LONDON, Oct 19 (IFR) - Bank of America Merrill Lynch has
reshuffled its debt capital markets team, appointing Andrew Karp
and Brendan Hanley as co-heads of global DCM, according to an
internal memo seen by IFR.
Oct 19 Morgan Stanley reported a
better-than-expected profit on Wednesday, boosted by a surge in
bond trading that helped all Wall Street banks last quarter.
Oct 19 Morgan Stanley plans to announce
in the coming weeks how its wealth-management business will
comply with a new U.S. rule intended to protect retirement
savers, Chief Executive James Gorman said on Wednesday.
LONDON, Oct 19 Diego De Giorgi has become sole
head of global investment banking at Bank of America Merrill
Lynch as his previous co-head Karim Assef takes on a
chairman role, according to a memo seen by Reuters on Wednesday.