Apr 27th, 2009 - bizjournals
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Bank of America Corp. launched a new mortgage and home equity loan brand Monday as a result of combining the previously acquired Countrywide Home Loans with the bank’s mortgage operations.
The brand is called Bank of America Home Loans and is one of the first steps in converting Countrywide customers into Bank of America (NYSE: BAC) since the Charlotte, N.C.-based financial giant bought Countrywide Financial Corp. July 1.
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Days could be numbered for BofA and Citi CEOs
Apr 28th, 2009 - Reuters
NEW YORK (Reuters) - The chief executives of Bank of America Corp and Citigroup Inc may be shown the door if the U.S. government decides the $90 billion of capital it has already injected isn't enough to restore the banks' health.
BofA, Citi Fall On Report They May Need To Raise More Capital
Apr 28th, 2009 - Wall Street Journal
NEW YORK (Dow Jones) -- Shares of Bank of America Corp. (BAC) and Citigroup Inc. (C) fell Tuesday, amid a Wall Street Journal report that regulators told the banking giants...
Fed Pushes Citi, BofA to Increase Capital
Apr 27th, 2009 - Wall Street Journal
Regulators have told Bank of America Corp. and Citigroup Inc. that the banks may need to raise more capital based on early results of the government's so-called stress tests of lenders...
US Sen Dodd: Hearings May Be Needed On BofA Lewis's Claims
Apr 27th, 2009 - CNNMoney
WASHINGTON -(Dow Jones)- Senate Banking Committee Chairman Christopher Dodd,D-Ct., said Monday there may be a need for Congress to investigate allegationsmade by Bank of American Corp...
Thain says BofA Merrill statements not true: report
Apr 27th, 2009 - Reuters
(Reuters) - Bank of America Corp (BAC.N) made inaccurate statements about its role in the bonuses and losses at Merrill Lynch & Co, former Merrill Lynch & Co Chief Executive John Thain told the Wall Street Journal in an interview.



