Gary Lynch Appointed Global Chief of Legal, Compliance, Regulatory Relations Chuck Noski Appointed Vice Chairman Bruce Thompson Named CFO CHARLOTTE – Bank of America Chief Executive Officer Brian Moynihan today made several announcements concerning the executive management team, to be effective after a planned transition period of several months.
First national sponsorship by major financial services company accelerates cleantech development nationwide SAN FRANCISCO — April 14, 2011 — Wells Fargo & Company (NYSE: WFC) today announced it will be a national sponsor of the 2011 Cleantech Open – the world’s largest business plan competition that encourages the development of clean technology companies and innovation. Marking the first time […]
Sheffield Financial and American Suzuki Motor Corporation sign three-year financing services agreement
CLEMMONS, N.C., April 13, 2011 /PRNewswire/ — Sheffield Financial, a division of BB&T Financial, FSB, which is a subsidiary of BB&T Corporation (NYSE: BBT), has renewed and expanded its three-year financing services agreement with American Suzuki Motor Corporation effective immediately.
New Visa Smart Card Features Magnetic Stripe and Chip Technology, Helping Increase Card Acceptance Worldwide SAN FRANCISCO — April 13, 2011 — Wells Fargo & Company (NYSE: WFC) is piloting the Visa Smart Card, which includes the traditional magnetic stripe along with EMV chip technology, helping increase card acceptance worldwide. The pilot is the industry’s first chip program by […]
SAN FRANCISCO — April 6, 2011 — In its latest addition to a growing number of corporate banking services, Wells Fargo & Company (NYSE: WFC) today announced that its WellsOne® Commercial Card customers can manage their accounts and capture expenses with smartphones.
BB&T one of four brokers to win the Greenwich Excellence Award for U.S. Large Corporate Insurance Brokerage RALEIGH, N.C., April 5, 2011 /PRNewswire/ — BB&T Insurance Services announced today it earned the 2011 Greenwich Excellence Award for Customer Satisfaction, U.S. Large Corporate Insurance Brokerage.
Bank of America Announces Fourth-Quarter Actions With Respect to Its Home Loans and Insurance Business
CHARLOTTE, N.C., Jan 03, 2011 (BUSINESS WIRE) — Bank of America today announced agreements with the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) to resolve repurchase claims involving certain residential mortgage loans sold to them by entities related to Countrywide Financial Corporation (legacy Countrywide).
CHICAGO – As part of an ongoing effort to honor Chicagoland’s community leaders, Bank of America will recognize three of the city’s very own with larger-than-life portraits painted on the well-known mural space adjacent to the Kennedy Expressway located near North Ashland and West Armitage Avenues. The leaders who will be displayed are three of […]
Bank of America Merrill Lynch Wins Loan House, U.S. High-Yield House and U.S. Structured Equity House in International Financing Review’s 2010 Review of the Year
NEW YORK, Dec 22, 2010 (BUSINESS WIRE) — Bank of America Merrill Lynch announced today that it received several awards from International Financing Review (IFR) magazine. The awards include: – Loan House of the Year – U.S. High-Yield Bond House – U.S. Structured Equity House
Zurich, December 21, 2010 – Zurich Financial Services Group (Zurich) announced today that its Turkish subsidiary Zurich Sigorta A.S. (Zurich Sigorta) has signed an agreement with Fortis Bank A.S. (Fortis) for the exclusive distribution of general insurance products through Fortis in Turkey. This agreement is in anticipation of the planned merger between Fortis and TEB […]