| Surge of BofA’s stock has analysts abuzz Despite months of turbulence at Bank of America Corp. — fallout from the Merrill Lynch deal, Ken Lewis being voted out as chairman, government sanctions and seemingly endless management turnover — the company’s stock has surged since early March. feeds.bizjournals.com |
SunTrust, Citi form trade alliance SunTrust Banks Inc. has come together with Citi's Global Transaction Services business to create a trade alliance they say will help serve SunTrust's corporate clients’ international needs. (STI) feeds.bizjournals.com |
Hedge Funds: Cerberus gets medicine from Talecris IPO (at MarketWatch) The stock-market debut of Talecris Biotherapeutics has given ailing private-equity and hedge-fund firm Cerberus Capital Management LP a healthy dose of medicine. us.rd.yahoo.com |
Dictator solution to hired guns (at FT.com) The bank bonus culture, so sumptuously on display last week at Goldman Sachs , remains under fire from politicians. But here is a curious thing. Bank chiefs have been quick to protest about real threats to their autonomy, such as "living wills". us.rd.yahoo.com |
Home prices decline for 1st time in 7 months (CNNMoney.com) Home prices fell in November for the first time in seven months, according to a industry report released Tuesday. us.rd.yahoo.com |