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Byline: Yvette Shields CHICAGO -- Illinois held spread penalties in check as enticing yields lured buyers to its $1.5 billion general obligation issue Tuesday. The sale -- divided into three [...]

Byline: Aaron Weitzman Municipal volume is expected to exceed $8 billion for a 10th straight week, led by a rare issue from Honolulu. Volume for the March 16 week is [...]

Byline: Jim Johnson Environmental Benefit: As one of the most recognized recycling practices, reusing fiber eliminates the need to cut down new trees to make paper. Paper can be recycled [...]

The biggest banking players--including Bank of America, JPMorgan Chase and Wells Fargo Bank--along with several nonbanking financial-services rivals like PayPal are pushing technologies that could eventually turn mobile devices into [...]

Byline: ROB KOZLOWSKI and PAULINA PIELICHATA Two U.S. companies announced recently they entered into annuity buyouts with insurance companies, while a Bank of America Merrill Lynch U.K. plan completed a [...]

This section offers news briefs on U.S. business abroad as of November 17, 1951 including New Jersey's Standard Oil subsidiary Imperial Oil Co. as one of 52 applicants seeking oil rights to the four million acres of oil discovered by Pacific Petroleum, Ltd. in British Columbia, Bank of America's eighth bank branch overseas set up in Dusseldorf, Germany, and the plan by "The Trenton Times" in New Jersey to buy a four million U.S. dollar paper mill in Manistique, Michigan to turn out 25,000 tons of newsprint yearly to be sent to Latin America.

The article discusses how Samuel H. Armacost, president of Bank of America (BofA), aims to restore profit growth by various strategies. According to the author, BofA has lingering amounts of long-term loans made previously at fixed rates of interest and has been forced from 1979 to 1981 to pay out higher interest to attract deposits.

Abbott Laboratories Alaska Air Group Inc. AMC Entertainment Holdings Inc. Applied Industrial Technologies Inc. AT&T Inc. B. Riley Financial Inc. Bank of America Corp. Brink's Company Builders FirstSource Inc. Cardinal [...]

The article explores the nationwide test of the American Bankers Association (ABA) on the practice of check truncation in U.S. banks as of December 21, 1981. It is suggested that eight banks participate in the dividend checks test including Continental Illinois, Valley National, Citibank, and Bank of America.

Looks at a change in self service, teller services, by Bank of America (BofA). What the change exposes customers to; How customers are adjusting; Careful planning of the layout; Comments from Fred Baranowski, vice president and manager of the branch.

The article reports that Bank of America Corp. (BOA) has begun charging certain of its customers in Georgia $8.95 per month for bank statements sent through the mail. BOA intends to introduce into other markets this policy, which is aimed at encouraging customers to receive their statements online. Discussion is included on other banks with similar practices.

The article offers updates on the commercial paper (CP) issuance market as of January 2006. The global flow of CP issues on January 26 was valued at around $13 billion. Principia Partners launched an integrated asset-backed commercial paper program. IXIS CIB has added Bank of America in the dealer panel of its European CP program.

Reports on the funding plans of Bank of America (BoA) asset backed commercial paper conduits Ticonderoga Master Funding and Indomitable Funding. Target fund to be raised by BoA; Other banks involved in the funding; Credit ratings given by Standard & Poor's and Moody's to the commercial paper conduits.

The article reports on the increased interest of U.S. investors for U.S. corporate paper. Investors' interest for fixed income bonds was proven by a positive response for Nexen's 1 billion U.S. dollars bonds and Northrop Grumman's 750 million U.S. dollars two-tranche offering. Nexen's, a Canadian oil and gas supplier, deal was underwritten by Bank of America, Merrill Lynch, BNP Paribas, Deutsche Bank and HSBC. Northrop Grumman, an aerospace and defence technology supplier, sold a total of 250 million U.S. dollars 3.7% five year Treasuries.

The article reports on the multibillion-dollar commercial paper rescue plan formed by Citigroup with JPMorgan Chase and Bank of America. The main beneficiary of the rescue plan, reportedly organized but not funded by the federal government, may be Citigroup. The list of problems for Citigroup, analysts and investors say, starts with the damage done this quarter by problems on credit markets, especially in mortgage-backed debt.

The article reports that Caisse Centrale des Caisses d'Epargneet de Prevoyance (CNCEP) will meet its dealer panel to establish a timeframe for entry into the commercial paper (CP) market. The bank signed a €10 billion programme on February 14, 2004 which was arranged by Citigroup, Barclays Capital, Bank of America, Goldman Sachs, UBS and the bank itself. CNCEP anticipates to get a broader investor take-up in Europe and Asia.

The article presents an update on the European commercial paper (EuroCP) market as of July 2006. EuroCP outstandings remain strong despite slow investor demand. Cruise line company Carnival has added Bank of America to the dealer panel of its EuroCP programme.

The article presents updates on the Euro commercial paper (CP) market as of April 7, 2006. Bank of America has been added to the dealer panel of Jupiter Securitisation Corporation's asset-backed CP conduit. The European Investment Bank has increased the size of its global commercial paper programme.

Reports on the plan of Emirates Bank International to launch its debut tranche of commercial paper (CP) in the Euro-bond market in September 2005 with Bank of America and UBS as lead arrangers. Total value of the EuroCP programme; Pricing range of the combined EuroCP and certificate of deposit shelf of the National Bank of Kuwait; Status of Emirates in the international bond market.

The article discusses industry response to the announcement that the U.S. Treasury Department facilitated the creation of a fund for large banks to relieve problems in the commercial paper market. Several large banks, including Bank of America Corp., Citigroup Inc., and JP Morgan Chase & Co., will use the fund to buy asset backed commercial paper and debt. Several analysts observe that the deal signals the government's attitude that certain large banks are too big to fail.

Asserts that investors should be worried about the report of a $1 billion paper loss on a trading account of Bank of America. How paper gains or losses are used to hedge a bank's interest rate risk; Question of why the bank is looking for earnings speculating in Treasury securities; Discussion of whether Hugh McColl Jr., chief executive officer of Bank of America will be able to increase operating earnings.

The article informs that Dallas Area Rapid Transit (DART) deal with Bank of America Corp. has been postponed due to the recent Hurricane Sandy. It mentions that DART were planning to close its commercial paper issues by issuing sales-tax revenue bonds of 128.3 million U.S. dollars in October 2012. It also informs that the deal was scheduled to go to the U.S. bond market in October 2012 but now it has been postponed due to the storm in the U.S. East Coast.

Reports that Bank of America Corp. has adopted policies to reduce the amount of paper it uses, increase recycling, and ensure that suppliers protect forests. Policies which followed a pledge not to lend to businesses that log in old-growth rain forests and other sensitive areas.

The article reports on the launch of a $7 billion loan acquisition facility by U.S. drugs group Merck. The company also launched a $1.5 billion commercial paper (CP) backstop facility. It sole underwriter for the deal is JPMorgan joined by eight other banks. The banks that joined as co-arrangers are Bank of America-Merrill Lynch, BNP Paribas, Citi, Credit Suisse, HSBC, Royal Bank of Scotland, Santander and UBS.

This section offers news briefs on medium term note (MTN) and commercial paper (CP) markets. Bank of America has set up a $6 billion structured securities program. Agence Française de Développement in France is preparing a 300 million to 500 million euro senior benchmark trade. Meanwhile, Autoroutes du Sud de la France has signed a 6 billion Euro medium term note (MTN) program.

The article focuses on issues related to commercial paper (CP) issues. Bank of America has been included in the dealer panel of the Eu5 billion EuroCP programme of Svenska Handelsbanken. Hypo Alpe-Adria Bank has decided to add Barclays Capital to the dealer panel of its EuroCP programme. Two trade receivable facilities has been added to the portfolio of Viking Asset Securitisation, the partially supported multi-seller asset backed CP conduit of Nordea Bank Danmark.

The article presents an update on the euro medium-term note and commercial paper (CP) markets in Europe as of June 2006. Kaiserplatz Funding is expected to start funding CoCo, a collateralised loan obligation transaction of around Eu4.1 billion. Bank of America has joined the dealer panel of the Eu3 billion EuroCP programme of DZ Bank International. Deutsche Bank arranged the Eu2.5 billion EuroCP programme of EFG Hellas.

The article reports on the successful launch of Bank of America Corp.'s BankAmericard which is a consumer charge account plan. It is said that the BankAmericard is subscribed by 1.3 million individuals. It indicates that the account plan is honored by hotels, taverns, restaurants, airlines, and dentists. It asserts that the benefits of the plan to the bank include credit checks, raising the limits, and wider spread.

The article reports that three U.S. banks will meet the goal of U.S. Treasury Secretary Henry Paulson in establishing a fund by the end of 2007 in an effort to revive the asset backed commercial paper market. JPMorgan Chase & Co.'s chief executive officer, James Dimon, said the company was working to establish the fund with Citigroup Inc. and Bank of America Corp.

Reports on Bank of America's syndication of a commercial paper program for Brazilian bank Unibanco. Support from a letter of credit issued by WestLB of Germany; Ratings of the commercial paper; Banks involved in the syndication.

The article focuses on the increase in automobile financing by the Bank of America in California. The reasons include the auto finance advertisements of the company, its insurance policy and the strong rapport the Bank of America Corp. has developed with the automobile dealers operating in California. It futher offers suggestions on how the old line finance companies in California can capture the support of the automoblie dealers.

Wall Street Journal It's not often you hear about banks turning away deposits, but the paper reports that a number of banks are suggesting corporate clients take their money elsewhere in light of impending liquidity rules that make holding their cash less profitable. JPMorgan Chase, Bank of America, Citigroup, HSBC and Deutsche Bank are among the lenders that have held this unusual conversation over the past few months, according to the paper. "The change upends one… [ABSTRACT FROM AUTHOR]

Presents an update related to the leveraged finance paper market in Europe as of July 2005. Value of an investment portfolio acquired by Bank of America and Harbourmaster Capital Management from Dresdner Kleinwort Wasserstein; Performance of a leveraged paper released by Saga; Closing price of the papers launched by Amadeus.

Presents information on international bonds issued by several companies from August 5 to 11, 2005. Home Depot Inc.; Wal-Mart Stores Inc.; CIT Group; Bank of America Corp.

Reports that the US Office of the Comptroller of the Currency (OCC) and the City of San Francisco, California have agreed on a settlement that allows the OCC to help the city in its lawsuit against Bank of America. Release of significant documents by the OCC; Lawsuit filed by the city to obtain the documents.

Reports that Citigroup Inc. gave Milan police documents which supported a fraud case against Parmalat Finanziaria SpA, the biggest food company in Italy. Investigation of Parmalat for the sale of asset-backed securities through the U.S. bank; Collapse of Parmalat after a financial scandal involving Bank of America Corp.

The article reports on a self-led trade launched by Bank of America Merrill Lynch (BAML) in October 2013 following its release of its 2013 third quarter results. Topics discussed include BAML's benchmark offering of 5.25 year fixed and floating rate paper, French banking and insurance company BPCE's tier two subordinated deal, and a ten-year bond printed by investment firm Leucadia National Corp. Also mentioned is price guidance for the bonds.