Bank of America news from FierceComplianceIT
NewsBank of America settlement over Countrywide theft a wake-up call
Just a reminder that you really need to do everything you can to stop rogue employees from wreaking havoc with your data--and I do mean havoc. A judge has just okayed a deal between Bank of America... Read more...
Bank of America fesses up to small accounting issue
This is the sort of thing that engenders suspicion, especially at a time when distrust of banks is running high. Bank of America (NYSE: BAC) has announced via filing that it wrongly classified nearly... Read more...
Small business accounts may lack protection
If you run your own small consulting operation or other business, you've likely been advised or tempted to set up a separate bank account dedicated to your business. But given the risk of online... Read more...
New risk management focus: Boards?
Risk management remains a hot buzzword for 2010 (risk management news). And you've got people focused on risk at all levels, from traditional financial areas to the IT level and everything in... Read more...
Major SEC overhaul underway
The SEC has certainly taken its lumps recently. The financial crisis in general was not kind to the agency, but it was the Bernard Madoff scandal that pushed the agency's reputation deep into the... Read more...
Massive phishing ring broken up
The FBI, as part of its Operation Phish Fry, has arrested 33 people that took part in a global phishing scam that stole from Bank of America (BAC) and Wells Fargo (WF), among others. More than 50... Read more...
Priorities right on card fraud issues?
Javelin Strategy & Research analyzed the top 25 U.S. card issuers' methods of dealing with identity fraud--its fifth annual report on the topic--and found that banks generally are showing... Read more...
Risk management tech skepticism on Wall Street
Risk management is a hot-button issue right now, the type that requires canned responses--duly vetted by the PR and IR folks--from all top executives. While many executives speak eloquently about the... Read more...
End of the broker proxy vote?
The recent moves by the SEC to potentially give shareholders of a certain size access to the proxy ballot were certainly profound. But another proposal, one that received less attention, may prove... Read more...
When a CEO sells his Porsche...
As if Bank of America's Ken Lewis didn't have enough to worry about. The Triangle Business Journal reports that in November 2007, Lewis sold his 2007 Porsche 911 turbo coupe, purchased a year... Read more...
| Press Releases$300 Million of Preferred Stock Issued by Farm Credit Bank of TexasAUSTIN, Texas--(BUSINESS WIRE)-- Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank, issued $300 million of perpetual non-cumulative preferred stock on Aug. 26, following Read more >> Cloutier Participates in Historic FDIC 'Transparency' Forum on Wall Street Reform ActLAFAYETTE, La., Sept. 2 /PRNewswire/ -- MidSouth Bancorp, Inc. (NYSE Amex: MSL) On August 12 the Federal Deposit Insurance Corporation (FDIC) announced an open door policy that will make it easier Read more >> CenturyLink to Participate in Analyst ConferencesMONROE, La., Sept. 2 /PRNewswire/ -- CenturyLink (NYSE: CTL) announces that it is scheduled to participate in the following analyst conferences:Kaufman Bros. 13th Annual Read more >> MSCI Inc. to Present at the Bank of America Merrill Lynch Investment ConferenceNEW YORK--(BUSINESS WIRE)-- MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, including indices, portfolio risk and performance analytics and corporate Read more >> The McGraw-Hill Companies to Present at the Bank of America Merrill Lynch Investment Conference on September 13Presentation will be webcastNEW YORK, Sept. 2 /PRNewswire/ -- Harold McGraw III, chairman, president and CEO of The McGraw-Hill Companies (NYSE: MHP), will present at the Bank of America Merrill Read more >> |
