Bank of America reportedly is close to laying off as many as 40,000 employees.
Fears of recession, tough trading conditions, an ocean of unresolved litigation and the worsening eurozone mess have delivered a real pounding to bank stocks this summer.
Cantor Fitzgerald Relief Fund Executive Director Edie Lutnick on how the company came together as a family after 9/11 to help cope in the days and years since.
Paul Miller, managing director at FBR Capital Markets Corp., talks about the outlook for Bank of America Corp.
U.S. President Barack Obama, House Majority Leader Eric Cantor, a Virginia Republican, and Thomas Barrack, chairman of Colony Capital LLC, offer their views on the president's proposals to spur job creation.
Manhattan prosecutors have issued subpoenas to Morgan Stanley and other investors in Goldman Sachs mortgage deals.
Bank of America CEO Brian Moynihan's move to rejigger his management team should kill any lingering thoughts that Merrill Lynch could be reborn.
Moshe Orenbuch, an equity research analyst at Credit Suisse Group AG, talks about the management changes at Bank of America Corp. and the outlook for the company.
Thomas Brown, chief executive officer at Second Curve Capital LLC and a Bloomberg Television contributing editor, talks about Bank of America Corp. naming Thomas Montag and David Darnell as co-chief operating officers and ousting Sallie Krawcheck and Joseph Price from its management ranks.