Jerry Dubrowski

BofA’s Merrill Unit Sputters as Moynihan Reduces Risk

Bank of America Corp.’s first- quarter revenue from fixed-income trading slumped more than most of its peers, eroding the biggest source of profit at the firm’s Merrill Lynch investment bank amid a push to curtail risk.

Bank of America Finds Profit in Foreign Tax Credit Moves

Bank of America Corp. more than doubled its profits in 2012 -- with some help from the tax code.

JPMorgan Leads U.S. Banks Lending Least Deposits in 5 Years

The biggest U.S. banks including JPMorgan Chase & Co. and Citigroup Inc. are lending the smallest portion of their deposits in five years as cash floods in from savers and a slow economy damps demand from borrowers.

Bank of America Re-Remics Cut Mortgage Debt as Basel Rules Loom

Bank of America Corp. , seeking to reduce risk and meet new capital standards, upgraded billions of dollars of distressed mortgage bonds by repackaging them into new securities using a variation of a Wall Street technique that failed during the credit crisis.

BofA Said to Lose 30 Private-Equity Employees to New Bank-Linked Ventures

Bank of America Corp. , under government pressure to curb private-equity investments, plans to sell $1.2 billion of commitments to funds managed by Warburg Pincus LLC as about 30 employees join two new bank-affiliated ventures, said two people with direct knowledge of the matter.

Bank of America Sells Back Stake in HCA for $1.5 Billion Sending Shares Up

Bank of America Corp., the lender that’s divesting assets to raise capital, agreed to sell 80.8 million shares of HCA Holdings Inc. back to the health-care company for $1.5 billion. HCA’s stock jumped 12 percent.

S&P Lawsuit Portrays CDO Sellers as Duped Victims

Oh, the poor suckers at Citigroup Inc. and Bank of America Corp., fooled about the stench of their own garbage by those sneaky credit raters at Standard & Poor’s.

BofA May Raise $4.4 Billion in Sale of Itau Stake

Bank of America Corp. agreed to sell its entire stake in Itau Unibanco Holding SA , Brazil’s largest bank by market value, in a transaction that partly fulfills a pledge to boost capital by $3 billion by June 30.

Bank of America Shrinking Assets Puts $2.8 Billion Hole in Moynihan Target

Bank of America Corp.’s $33 billion of asset sales last year, designed to help meet international capital standards, may slice at least $2.8 billion from 2012 profit that the firm also needs to reach its target.

Bank of America Sells China Construction Bank Rights Offer to Temasek

Bank of America Corp. sold its share of China Construction Bank Corp. ’s $9.2 billion rights offer to Temasek Holdings Pte , Singapore’s state investment company, as the U.S. lender boosts capital to meet a pledge to federal regulators.

"It's part of the continuing effort we have to strengthen our balance sheet and improve the quality of our capital."

- Jerry Dubrowski on Apr 25, 2012

Charlotte

Brian T. Moynihan

Federal Reserve

Basel Committee On Banking Supervision

Japan GDP Jumps Most in Year as Consumers Open Wallets: Economy

Sony’s $100 Billion Lost Decade Supports Loeb Breakup

Tiger Global, Appaloosa Cut Apple Stakes

Google Rises as Page Updates Music to Maps Services

U.S. Stocks Rise on Stimulus Bets as Manufacturing Falls