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BofA to sell part of Columbia Management Bank of America Corp. is selling the stock and bond mutual fund business of Columbia Management for roughly $1 billion to Ameriprise Financial Inc. (BAC) (AMP) Biz JournalReport: Nearly 1M bank foreclosures in process Nearly 1 million homes nationwide are in the process of foreclosure, according to a U.S. Department of the Treasury report covering banks and loan servicers that make up 64 percent of all outstanding mortgages. Biz JournalBofA to sell asset manager for $1B Bank of America Corp. is selling the stock and bond mutual fund business of Columbia Management for roughly $1 billion to Ameriprise Financial Inc. (BAC) (AMP) Biz JournalCiti isn`t planning beefing up Chicago presence Citi, the nation's third-biggest bank, said it's "by and large" comfortable with its Chicago-area footprint and isn't planning any acquisitions in the market. While it's an international and nation... Chicago ChronicleNearly 1M bank foreclosures in process U.S. Department of the Treasury report covering banks and loan servicers that make up 64 percent of all outstanding mortgages. As of June 30, there were 992,554 homes in the process of foreclosure, u... Big News NetworkFHLB of Boston to cut budget, 18 staffers , a key source of mortgage funding for New England lenders, said it plans to cut about 5 percent from its annual operating budget and eliminate 18 staff positions. The wholesale bank — or bank ... bignewsnetwork.comTD Bank experiences computer glitch, shuts Internet banking experienced problems Wednesday accessing account balances because of a glitch in the bank’s computer system. TD spokeswoman Rebecca Acevedo said there were delays in the bank’s overnight ... bignewsnetwork.comBrentwood man tells mom to pay his ransom, police say he wanted money for crack On Monday, a woman called police and said her son, William Dutton, told her he was being held hostage. He asked her to meet him at a bank to withdraw cash in order to pay his ransom, according to poli... bignewsnetwork.comMass. woman seeks identity of sperm donor BOSTON— A Massachusetts woman is suing a sperm bank for the identity of her donor so she can file a child support claim and get medical information to help treat an inherited condition she says ... Big News NetworkBofA’s Krawcheck names leadership team round out the team. Former Merrill executive Lyle LaMothe will manage the division’s U.S. brokerage force. Keith Banks and John Thiel are the new co-leaders of BofA’s private-wealth manag... bignewsnetwork.com1 2 3 4 5 |
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