According to Reuters, Bank of America (BAC) and Merrill Lynch did agree on a bonus package for employees before the merger. There had been questions about the...

We may need to have a talk with Bank of America (NYSE: BAC ) ... a talk about tact and smart spending. Remember last week? You know, when President Obama lowered the hammer of shame on banks that were wasting their money? Perhaps BAC doesn't. I was going to avoid writing about the Super Bowl ...

We may need to have a talk with Bank of America (NYSE: BAC ) ... a talk about tact and smart spending. Remember last week? You know, when President Obama lowered the hammer of shame on banks that were wasting their money? Perhaps BAC doesn't. I was going to avoid writing about the Super Bowl ...

A report today in the New York Post suggests that shareholders are anxious to oust Kenneth Lewis , CEO of Bank of America Corporation (NYSE: BAC ). The paper says that a group of angry investors, spearheaded by Jerry Finger, has compiled a list of demands to present at the bank's next annual ...

IN its very public fight with John Thain, Bank of America has made plenty of accusations. It now looks like at least one of them isn't panning out. Various sources at BofA have been telling reporters that Thain - former head of Merrill Lynch, which BofA took over last year - asked for a bonus ...

A report today in the New York Post suggests that shareholders are anxious to oust Kenneth Lewis , CEO of Bank of America Corporation (NYSE: BAC ). The paper says that a group of angry investors, spearheaded by Jerry Finger, has compiled a list of demands to present at the bank's next annual ...

A group of disgruntled Bank of America shareholders plans to demand the ouster of the bank's chairman and chief executive, Kenneth Lewis, at the firm's upcoming annual meeting, The New York Post reported. Jerry Finger, a Bank of America shareholder and leader of an ongoing class-action lawsuit ...

Wall Street should not be surprised that oversize bonuses and $50 million jets generate outrage — and tough rejoinders from the president, The New York Times's Joe Nocera argues.

My wife and I currently have Bank of America cards in both our names that we cannot pay. I have had my income significantly reduced and my wife does not work due to medical reasons. One card is solely in my name and hers is in her name. I want to call Bank of America to see if I can apply for a ...

The Wall Street bonus, considered a sacred ritual, may become the industry’s biggest casualty as governments worldwide bail out financial institutions. UBS AG was told to reduce bonuses after the Swiss government gave the country’s biggest bank a $59.2 billion lifeline. Bank of America Corp. ...

New York Attorney General Andrew M. Cuomo may demand the return of $4 billion in bonuses paid by Merrill Lynch just before it was acquired by Bank of America, Bloomberg News reported, citing a person familiar with the matter. Mr. Cuomo also wants to know what Bank of America Chief Executive ...

President Obama branded Wall Street bankers "shameful" on Thursday for giving themselves nearly $20 billion in bonuses as the economy was deteriorating and the government was spending billions to bail out some of the nation's most prominent financial institutions. "There will be time for them to ...

What's the difference between Citigroup, the Royal Bank of Scotland and Bank of America? Sadly, Breakingviews says, this is not the opening line of a Scottish-American joke — there's nothing funny about the tens of billions in losses these three financial institutions have racked up among them, ...

Today’s tickers: BAC, OI, TROW & MSM BAC – Bank of America – There seems to be a firmly contrarian bid for call options evident in today’s option trading where out-of-the-money calls in Bank of America for both February and March expiration are attracting ...

Bank of America (NYSE: BAC ) CEO Kenneth Lewis has received the dreaded vote of confidence from his company's board of directors. In a statement, Bank of America lead director Temple Sloan said that "The board today during their regular meeting expressed support for Ken Lewis and the management ...

Bank of America's bonus saga continues. The bank is planning to hold paying bonuses to some of its investment banking staff, a move that may cause further tensions between BofA staff and their counterparts at Merrill Lynch, The Financial Times reported. Meanwhile, Andrew Cuomo, New York's ...

Bank of America (NYSE: BAC ) CEO Kenneth Lewis has received the dreaded vote of confidence from his company's board of directors. In a statement, Bank of America lead director Temple Sloan said that "The board today during their regular meeting expressed support for Ken Lewis and the management ...

Bank of America is planning to defer bonus payments to investment banking staff this year – a move certain to inflame tensions between its employees and those of newly acquired Merrill Lynch. Andrew Cuomo, New York attorney-general, is investigating Merrill’s decision to accelerate the payment ...

The board of Bank of America expressed support on Wednesday evening for the company's chief executive, Kenneth D. Lewis, in a move that may for now reduce speculation about his job security following the acquisition of Merrill Lynch. "The board today, during their regular meeting, expressed ...

Bank of America (BAC) is forcing a number of employees in its investment banking operation to defer their bonuses to 2010 and beyond. After all the trouble due...