CHARLOTTE, N.C., Apr 15, 2011 (BUSINESS WIRE) -- Bank of America Corporation today reported net income of $2.0 billion, or $0.17 per diluted share, for the first quarter of 2011, compared with $3.2 billion, or $0.28 per diluted share, in the year-ago period and a net loss of $1.2 billion, or $0.16 per diluted share, in the fourth quarter of 2010.
Deutsche Bank CEO Josef Ackermann.
Banks will require an additional 1.6m sq ft of space in Central London over the next three years – equivalent to four Shards or five Heron Towers, according to the latest research by BNP Paribas Real Estate.
On 18th April 2011 Douglas Cairns, an Investment Specialist at Threadneedle Asset Management, takes to the air to set a new world speed record between Barrow, Alaska and the North Pole.
Materials M&A Doubles; 41% Cross Border
US Senator Carl Levin, the Michigan Democrat who is Chair of the Senate Permanent Subcommittee on Investigations, released the Committee's 600-page report on what it believes were the causes of the financial crisis Wednesday.
The Wall Street Journal reports that JPMorgan Chase CEO Jamie Dimon couldn't resist the temptation to have a go at Deutsche Bank Wednesday.
Pass the sick bag, Alice.
Here's something we found in an interesting story on CNBC.
Bank of New York Mellon Corp has disclosed in a filing that U.S. regulators are considering charging it with violating U.S. foreign bribery laws after an investigation into internships it gave to relatives of sovereign wealth fund officials.
Jean-Claude Juncker’s €315bn (£235bn) investment blueprint has the potential to ease Europe’s unemployment crisis by creating more than two million new jobs, the International Labour Organisation said.