Why the dollar could reverse course fast Dollar bulls are not ready to throw in the towel and are still betting diverging central bank policy sends the euro to parity with the U.S. currency later this year.
| By: Patti Domm
Hold Bank of America accountable: Analyst Shareholders should throw out Bank of America's corporate governance board after it promoted CEO Brian Moynihan to chairman, analyst Mike Mayo tells CNBC.
| By: Tom DiChristopher
BofA: Miss you target, get promoted? Somebody needs to be held accountable, says Mike Mayo, CLSA analyst, explaining why he thinks Bank of America needs to change some board members and its strategy.
BofA questions judge's impartiality as it appeals big fraud verdict NEW YORK, April 22- Bank of America Corp on Wednesday asked a federal appeals court to toss a $1.27 billion penalty imposed in a mortgage fraud case, and in a rare move asked that the prominent Manhattan judge who oversaw its trial be replaced if the case were to continue. Bank of America spokesman Lawrence Grayson declined to comment. Rakoff imposed the civil...
| By: Jonathan Stempel and Nate Raymond
UPDATE 1-Arris to buy British set-top box maker Pace in $2.1 bln deal April 22- Communications equipment maker Arris Group Inc will buy British set-top box maker Pace Plc in a $2.1 billion cash-and-stock deal to expand into the satellite business and boost its business outside North America. The company said it had secured a loan from Bank of America Merrill Lynch to fund the transaction. Evercore and BofA Merrill Lynch are...
UPDATE 1-Chinese e-commerce company Baozun files for U.S. IPO April 17- Chinese e-commerce company Baozun Inc filed with U.S. regulators for an initial public offering of American Depository Shares, becoming the second e-commerce firm from the country that has filed to list in the United States this year. Morgan Stanley, Credit Suisse and BofA Merrill Lynch are underwriting the IPO, the company said in a preliminary...