NEW YORK (Reuters) - BNP Paribas SA has hired former Bank of America Corp executive Chris Innes to head equity sales for the Americas in New York, a person familiar with the matter said.


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CHARLOTTE, North Carolina (Reuters) - Bank of America Corp on Monday appointed a former colleague of Sallie Krawcheck as its Merrill Lynch global wealth management unit's new chief investment officer.


Reuters - New York has sued Bank of America Corp and its Merrill Lynch & Co unit over the companies' merger and Merrill's subprime mortgage exposure, hoping to recover more by suing on its own than by joining existing class-action litigation.
NEW YORK (Reuters) - New York has sued Bank of America Corp and its Merrill Lynch & Co unit over the companies' merger and Merrill's subprime mortgage exposure, hoping to recover more by suing on its own than by joining existing class-action litigation.


AP - Stocks slumped Friday after second-quarter earnings at two major banks fell short of expectations and a new survey found that consumers are becoming more pessimistic. Citigroup and Bank of America had lower trading revenue because of the stock market's plunge this spring, and a survey from the University of Michigan and Reuters found that consumers' gloom is increasing.

** CORRECTS DATE ** Traders work on the floor of the New York Stock Exchange, Friday, July 16, 2010, just before the closing bell in New York. (AP Photo/Craig Ruttle)AP - Investors are finding disappointment everywhere and taking out their frustration on stocks.


A Bank of America logo is seen outside a bank branch in Charlotte, North Carolina January 19, 2010. REUTERS/Chris KeaneReuters - Bank of America and Citigroup shares fell as the banks' results highlighted the sluggishness of the U.S. economic recovery and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.


CHARLOTTE, N.C./NEW YORK (Reuters) - Bank of America and Citigroup shares fell as the banks' results highlighted the sluggishness of the U.S. economic recovery and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.


A trader works on the floor of the New York Stock Exchange in New York July 15, 2010. REUTERS/Lucas JacksonReuters - Dismal consumer sentiment data and anemic revenues from GE and two big banks slammed U.S. stocks on Friday, driving down major indexes more than 2 percent.


NEW YORK (Reuters) - Dismal consumer sentiment data and anemic revenues from GE and two big banks slammed U.S. stocks on Friday, driving down major indexes more than 2 percent.