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Columbia Management Changes Lending Practices - Boston Globe
columbia management, a boston-based investment unit of bank of america corp ., said today said that its columbia funds will stop lending their equity and corporate debt securities, citing market volatility and new government restrictions on short ...
www.boston.com

Bank Of America Cuts Prime Lending Rate To 4.5 Pct
bank of america corp. said wednesday it is cutting its prime lending rate to 4.5 percent from 5 percent effective immediately.
biz.yahoo.com

Bank Of America, Wachovia Lower Prime Lending Rates
bank of america corp. and wachovia corp. have lowered their prime lending rates to 4.5 percent from 5 percent. (bac) (wb)
www.bizjournals.com

Mcdonald's Says Bank Of America Won't Boost Loans (update3) - Bloomberg
sept. 22 (bloomberg) -- mcdonald's corp. , the world's largest restaurant company, told some u.s. franchisees to seek other ways to finance store improvements after bank of america corp. declined to increase lending. store owners have exhausted ...
www.bloomberg.com

Mcdonald's Says Bank Of America Won't Boost Franchisee Loans - Los Angeles Times
mcdonald's corp., the world's largest restaurant company, told some u.s. franchisees to seek other ways to finance store improvements after bank of america corp. declined to increase lending. store owners have exhausted the financing available to ...
www.latimes.com

Bank Of America Cuts Prime Lending Rate To 4.5 Pct
(ap:charlotte, n.c.) bank of america corp. said wednesday it is cutting its prime lending rate to 4.5 percent from 5 percent effective immediately. the rate cut is effective for bank of america and lasalle bank, which bank of america acquired last year.
news.ino.com

Bank Of America And Lasalle Bank Lower Prime Lending Rate
bank of america, n.a., lasalle bank n.a. and lasalle bank midwest n.a., announced today that they are lowering their prime-lending rates to 4.50 percent from 5.00 percent, effective october 8, 2008.
biz.yahoo.com

Brazil Eases Bank Reserves To Soothe Impact Of Crisis (update3) - Bloomberg
sept. 24 (bloomberg) -- brazil eased rules on reserve requirements that banks must keep at the central bank in response to the credit crunch sparked by the u.s. financial crisis. banco central do brasil delayed the introduction of higher rates for ...
www.bloomberg.com

Gmac Slashing Work Force, Reduces Mortgage Lending - San Francisco Gate
lender gmac financial services said wednesday it will close all of its 200 retail offices and lay off about 5,000 employees as part of plan to reduce its mortgage lending and servicing because of the housing market downturn. the majority of the ...
www.sfgate.com

A Scramble To Unlock Bank Lending
america runs on credit.
news.yahoo.com

Bank Of America To Modify Countrywide Loans
in the boldest step yet by any bank to address the ongoing foreclosure crisis, bank of america, which now owns mortgage giant countrywide financial, has settled with state prosecutors who sued countrywide for predatory lending. bank of america agreed to make loans more affordable for about 400,000 homeowners.
www.npr.org

Countrywide Mortgage Pact May Be Worth $3.5 Billion To California Loan ... - Los Angeles Times
an estimated 125,000 californians who are struggling with risky mortgages from countrywide financial corp. may get their loans modified and payments reduced under a program to be announced today. in a pact that could save mortgage holders billions of ...
www.latimes.com

Wall Street On Red Alert - Cnn Money
merrill lynch ceo john thain leaves the federal reserve bank of new york saturday following meetings with other bank executives and regulators aimed at ending the lehman brothers crisis. lehman brothers' stock, which fell another 13.5% friday, is ...
money.cnn.com

Bank Of America To Spend Up To 8.4 Billion On Countrywide
bank of america said monday it was ready to spend up to 8.4 billion dollars to restructure the loan portfolio of mortgage giant countrywide following settlement of a lawsuit targeting the firm's "predatory" lending practices.
news.yahoo.com

Banks Lower Prime Lending Rates
suntrust bank inc., bank of america corp. and wachovia corp. have lowered their prime lending rates to 4.5 percent from 5 percent. (sti) (bac) (wb) (fhn) (rf)
www.bizjournals.com

The Meltdown - Cnn Money
new york (cnnmoney.com) -- wall street was a vastly different world monday from what it looked like just days earlier, following one of the most harrowing days in the history of u.s. financial industry. just a day earlier, lehman brothers, one of the ...
money.cnn.com

Bank Of America Finds Opportunity In A Crisis - International Herald Tribune
bank of america's dream of dominating the brokerage business always seemed to elude it, even after it transformed itself from a regional bank into a consumer banking powerhouse through two decades of big acquisitions. now, that dream is on the verge ...
www.iht.com

Bank Of America's 3q Results Rattle Investors
bank shares tumbled tuesday on fears that worse-than-expected third-quarter results by industry bellwether bank of america corp. may indicate how others in the sector will fare when they report earnings in coming weeks.
biz.yahoo.com

Bank Of America Shares Plunge 26 Percent
nervous investors drove down shares of bank of america a punishing 26 percent on tuesday, its biggest one-day decline since at least 1980, the day after the charlotte bank announced a big drop in earnings and an unexpected dividend cut.
www.mcclatchydc.com

Merrill Purchase Will Realize Bank Of America Dream - International Herald Tribune
new york : bank of america's dream of dominating the brokerage business always seemed to elude it, even after it transformed itself from a regional bank into a consumer banking powerhouse through two decades of big acquisitions. now, that dream is on ...
www.iht.com