Bank of America in New York
A Bank of America branch is seen on 23rd Street and Broadway in New York on September 15, 2008. Bank of America agreed to buy Merrill Lynch for about $44 billion in a mega-deal on September 14, 2008. (UPI Photo/Laura Cavanaugh)
A federal judge in New York approved a $2.43 billion settlement to end claims Bank of America misled shareholders when it purchased Merrill Lynch & Co.
Markets close higher with late push ... BofA pegged as a lawsuit risk ... Bank of Japan takes bold step ...
ECB leaves monetary policy intact ... News from United Press International.
Banking analysts said U.S. financial giant Bank of America remains at risk for lawsuits, as a federal judge is poised to consider a $2.4 billion settlement.
S&P within sight of a record close ... Fed OKs capital plans at 14 banks ... Sun Belt cities growing again ... For one at UBS, a $26M payday ... News from United Press International.
Swiss bank UBS says it paid the new head of its investment unit $26 million to make up for the deal he left behind at Bank of America Merrill Lynch.
Venezuela's economic reforms program is at risk of becoming more lopsided than it is at present as national attention rivets on mourning Hugo Chavez.
Market skid turns around in late trading ... Spending cuts don't scare Wall Street ... Carlos Slim still world's richest man ... Truckers in Colombia begin strike ... News from United Press International.
Market analysts are saying U.S. corporations will continue to thrive despite federal spending cuts, even as the job market languishes.
A former acting president of a Vermont college, under investigation for embezzlement, has died in an apparent suicide, police said.
Asking how Tim Geithner did as the U.S. treasury secretary, one week after he has stepped down, is a question of tone and detail.