Tag archive for ‘Bank of America’
Niva Goldberg On Wednesday, November 4th, 2015

Bank of America sells $87 billion money-market funds unit to BlackRock

    BlackRock Inc. has agreed to purchase an $87 billion money-market fund business from Bank of America Corp. as it builds scale in an industry grappling with new regulations. The deal will involve More...

Reuters On Tuesday, May 5th, 2015

Morgan Stanley sees $292 million loss from Deutsche Bank lawsuit

Morgan Stanley said on Monday it could lose more than $290 million from a lawsuit by Deutsche Bank National Trust Co over the quality of about $735 million of the Wall Street firm’s mortgages. Deutsche More...

Niva Goldberg On Wednesday, April 1st, 2015

Israel Joins Asia Infrastructure Investment Bank, Viewed with Disdain by the US

The new Asia Infrastructure Investment Bank (AIIB) is planning to invest $100 billion in infrastructure projects in Asia, half of which will be allocated by China. More than 40 countries have already announced More...

Noam Meir On Monday, February 9th, 2015

Doug Steiner Secures $390 Million in Financing for New Brooklyn Tower

Doug Steiner, owner of Steiner Studios, has secured a $390 million construction loan for his proposed residential tower The Hub to be built at 333 Schermerhorn Street, Mortgage Observer has reported. A More...

Chen Maanit On Wednesday, January 28th, 2015

More arrests over unreported Swiss accounts

A social worker from little town Holon is suspected of keeping $1 million in unreported overseas accounts.     Haifa Magistrates Court Judge Eran Kotton today granted the request by the Israel Tax More...

Vered Weiss On Wednesday, December 31st, 2014

Goldman Sachs Pays UK Bankers Double

Goldman Sachs pays its bankers in the U.K. twice the pay its closest U.S peers shell out, according to Bloomberg. Goldman Sachs employees took home $4.72 million in cash bonuses and stock. More than two thirds More...

Eli Horn On Tuesday, December 30th, 2014

Michael Kors Holdings Evaluated as Top Pick by Bank of America

In a report published Monday, a Bank of America analyst reiterated a Buy rating and $120.00 price target on upscale fashion accessories maker Michael Kors Holdings Ltd, financial media outlet Benzinga said. In More...

Vered Weiss On Thursday, December 25th, 2014

Jim Cramer: Get Excited about Bank Stocks for 2015, But Not Higher Oil

Banks have been hurt by low interest rates, but that may change in 2015, says Jim Cramer on TheStreet.com. With a robust 5% growth in GDP data the past month, there seems little justification for the Fed More...

Noam Meir On Tuesday, December 23rd, 2014

Minskoff Refinances 101 Sixth Ave for $200 Million

Edward Minskoff’s EJM Equities has secured a $200 million loan to refinance its 101 Sixth Avenue, according to a report in The Real Deal. The 20 year fixed rate mortgage came mostly from Citibank with some More...

Reuters On Friday, December 5th, 2014

JPMorgan continues run as top ranked investment bank

–   U.S. bank JPMorgan retained its crown as the top performing investment bank in the first nine months of the year, having made revenue of $17.1 billion in the year-to-date, new data showed More...

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