2013 Chicago Marathon Provided the Equivalent of 1,742 Full-time Jobs
Bank of America announced today that the Bank of America Chicago
Marathon continues to be a key economic driver and contributes an
estimated $253.49 million in total business activity to the Chicago
economy, according to a new economic impact report. This is the first
time that the economic impact of the Marathon has exceeded $250 million.
The independent study, which analyzed the impact the 2013 Bank of
America Chicago Marathon has onmore...
Settlement Expected to Reduce Q3-14 Pretax Earnings by $5.3 Billion and Negatively Impact EPS by Approximately $0.43 per Share
Bank of America announced today that it has reached a comprehensive
settlement with the U.S. Department of Justice (DoJ), certain federal
agencies and six states. The settlement includes releases on the
securitization, origination, sale and other specified conduct relating
to residential mortgage-backed securities (RMBS) and collateralized debt
obligations (CDOs), and an origination release on residential mortgage
loans sold to Governmentmore...
Today the World Bank (International Bank for Reconstruction and
Development, rated Aaa/AAA) priced a $12.057 million World Bank Step-Up
Callable Green Bond sold to Merrill Lynch Wealth Management clients.
Bank of America Merrill Lynch offered the step-up fixed rate bonds,
which are callable after one year. The bonds will pay a 2.32 percent
coupon per year for the first five years (stepping up to a maximum final
coupon of 8.82 percent per year)more...