bank of america

Though not technically a banker, Anne M. Finucane of Bank of America is one of the most powerful figures in its industry.

And now it’s up to her to help repair the bank’s reputation.

A group of senior citizen activists calling themselves “Wild Old Women” staged a protest at a San Francisco Bank of America branch this week and succeeded in causing the business to close its doors, albeit temporarily.

In an economy where every bit of capital can help or hurt a small business, is Bank of America cutting credit lines to some small businesses?

That question emerged on Tuesday after a Los Angeles Times report cited at least two small-business owners who claim that Bank of America is now forcing them to pay their balances in full versus on a monthly basis -- a move that could wipe them out.

Many big Wall Street firms have settled fraud cases brought by the government with a promise to never violate the same law.

But an analysis of Securities and Exchange Commission documents by The New York Times found that since 1996, there have been at least 51 repeat violations by those firms.

Bank of America and Citigroup have each had six repeat violations, while Merrill Lynch and UBS have each had five.

Consumers help write a new set of rules on how to deal with Bank of America’s debit card fee and the copycats in other industries.

BAC crashed from over $50 before the 2008 financial crisis down to $3, recovered with a bounce toward $20 in 2010 and is now back down to its lowest prices since March 2009 when the market bottomed.

At these low prices, the stock must be either a really good opportunity or dying company , and everyone wants to know which.

Bank of America Corp employees are flooding rival companies with resumes as a major cost-cutting program gets under way at the second-largest U.S. bank.

Bank of America Corp, after receiving heavy public criticism for a planned $5-per-month debit card fee, is likely to give customers more ways to avoid the fee, a person familiar with the bank's plans said Friday.

"The high net worth businesses we continue to grow--continue to grow advisors, continue to grow head count," said CEO Brian Moynihan, in a conference call with analysts Tuesday after the bank announced its third quarter earnings results.

In an effort to secure lucrative brokerage and trading business, big banks like Goldman Sachs, Deutsche Bank, Morgan Stanley and Bank of America have become powerful recruiting forces for their biggest hedge fund clients.