In the last six years, the Bank of America corporate family has markedly changed face: buying Countrywide, salvaging Merrill Lynch from the brink of collapse, shedding $40 billion in other assets and streamlining its workforce.
Bank of America Merrill Lynch sustained a loss of around $10m last week due to an 'operational error' in the handling of stock option trades known as dividend trades.
Morgan Stanley CEO James Gorman is making a full-court press with regulators to expedite the purchase of the remaining piece of the Smith Barney brokerage firm from Citigroup, moving up the buyout date as much as two years ahead of schedule, the FOX Business Network has learned.
Who was Diana Vreeland? A fashionista extraordinaire, a former fashion magazine columnist and editor, and a one woman fashion bible who literally wrote the book, Diana Vreeland was to fashion what Bill Gates was to computers.
It was another controversial weekend in the NFL for the replacement referees, with several incidents disputed late on in the Ravens-Patriots game. Jason Torquato gives his view.
Arsenal are full of confidence after their weekend draw, and the game at home to Chelsea at the weekend could be the perfect fixture to follow up.
Chelsea’s confident, exciting attacking midfielders stand in stark contrast to their lone striker, who again failed to make his mark in the match against Stoke. But given the support around him, Torres will surely start to fire soon.
After a brilliant start to the season for the bullish Southampton centre forward could he be a genuine contender for England duty this season?
Having won three of their first five games in impressive style, Everton should be added to the legion of clubs challenging for fourth place.
Chelsea captain John Terry blamed the FA for forcing him out of the England set up. Should he be looking in the mirror instead?