Bank of America
Central Banking | 28 Apr 2014
Federal Reserve orders Bank of America to resubmit capital plan after bank discovers inaccuracies dating back to Merrill Lynch takeover that caused miscalculation of capital ratios
Central Banking | 21 Mar 2014
Bank of America, Goldman Sachs, JP Morgan, Citigroup and Morgan Stanley all perform below average in Fed stress tests
Central Banking | 10 Jul 2013
Banking agencies announce rules to increase organisations' leverage ratios; measures remain controversial with the banking lobby and regulators, notably FDIC's Hoenig
Central Banking | 15 Feb 2012
Billions of dollars in capital could be excluded under Basel proposals on derivatives DVA - with US banks hardest hit
Central Banking | 25 May 2010
Congressional Budget Office report estimates the Federal Reserve subsidised banks and investors by $21 billion through its credit programmes
Central Banking | 07 Dec 2009
Kuwait Investment Authority announces sale of its Citigroup share; follows Singapore GIC’s sale of Citi stake in September
Central Banking | 25 Jun 2009
Ben Bernanke, the chairman of the Federal Reserve, on Thursday claimed that the central bank had acted "with the highest integrity" in discussions with Bank of America over its takeover of Merrill Lynch, a now defunct investment bank.
Central Banking | 11 Jun 2009
Emails sent by Federal Reserve officials and subpoenaed by government investigators appear to back claims that Ben Bernanke pressurised Bank of America to go ahead with its takeover of investment bank Merrill Lynch after the bank attempted to back out of the deal.
Central Banking | 15 May 2009
Temasek, one of Singapore's sovereign wealth funds, has sold its stake in Bank of America in a bid to reduce its considerable exposure to western banking stocks.
Central Banking | 24 Apr 2009
In a bid to enhance transparency, and in doing so appease anger on the Hill, the Federal Reserve on Thursday released information about the assets it holds of American International Group (AIG), the beleaguered insurer, and Bear Stearns, a now-defunct investment bank.
This report covers the specific technologies required for firms to improve their ORM processes.
This white paper looks at the Basel Committee's BCBS239 principles, also known as PERDARR (Principles for Effective Risk Data Aggregation and Risk Reporting), which comes into force from 1 January 2016.