Search results
Results From The WOW.Com Content Network
Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
Bank of America Private Wealth Management: Bank of America: 2007 M&T Bank: Partners Trust Financial Group: M&T Bank: M&T Bank: 2008 TD Banknorth: Commerce Bancorp: TD Bank, N.A. $8.5 billion TD Bank, N.A. 2008 JPMorgan Chase: Bear Stearns: JPMorgan Chase: $236 million [39] JPMorgan Chase & Co. 2008 Bank of America: Merrill Lynch: Bank of ...
Adding to this momentum, Bank of America successfully rode the wave of recovering merger and acquisition activity, with higher advisory fees bolstering its global banking revenue. Two people ...
The market capitalization of Bank of America, including Merrill Lynch, was then $45 billion, less than the $50 billion it offered for Merrill just four months earlier, and down $108 billion from the merger announcement. Bank of America CEO Kenneth Lewis testified before Congress [5] that he had some misgivings about the acquisition of Merrill ...
Bank of America building in Atlanta was for years owned by NationsBank. In 1998, it acquired BankAmerica Corporation of San Francisco in what was the largest bank merger in American history at the time. Although NationsBank was the nominal survivor, the merged bank took the better-known Bank of America name, and operates under Bank of America's ...
Bank of America's fourth-quarter profit more than doubled as it benefitted from a Wall Street dealmaking revival that also lifted results at its rivals.Its earnings in the quarter were $6.7 ...
FleetBoston Financial was a Boston, Massachusetts–based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. In 2004 it merged with Bank of America; [1] all of its banks and branches were converted to Bank of America.
Bank of America stock has risen post-election amid hopes for a looser regulatory backdrop that spurs dealmaking and higher profits. Shares are up 9% in the past five trading sessions, according to ...