Bank of America Survey Reveals Reluctance to Disconnect; Growing Reliance on Mobile Extends to Banking, Payments
Nearly four in 10 (38 percent) U.S. adult consumers never disconnect
from their smartphones, and only 7 percent shut down entirely on
vacation, according to a new report released today by Bank of America.
In examining everyday use, the majority (89 percent) of adults check
their smartphones at least several times a day, and more than one-third
(36 percent) report they constantly check their devices. This growing
dependency is also visible inmore...
Bank of America Corporation announced today a redemption notice will be
submitted to the property trustee for Barnett Capital III, which will
result in the redemption of all $63,805,000 aggregate liquidation amount
outstanding of the Floating Rate Capital Securities of Barnett Capital
The redemption date for these securities will be July 27, 2015, and the
cash redemption price to be paid on the redemption date will be $1,000more...
Chief financial officers (CFOs) in Singapore are the most pessimistic group in Asia Pacific, with only 37 percent expecting profit to rise in 2015 compared with the regional average of 73 percent, according to the Bank of America Merrill Lynch 2015 CFO Outlook Asia survey.In a survey of CFOs across Asia Pacific, 53 percent of Singapore CFOs expected profit to decline during the year, more than double the regional average. A weak global economic environment and a sluggish domestic market aremore...