According to the CEO of Bank of America Corp, Brian Moynihan they can generate a consistent profit in the future Federal Reserve stress test. The legacy mortgage business: The Bank of America Corp, being the second largest U.S bank, in…
Affairs
AIG Says: Investors Intent to Buy 90% of Plane Unit

American International Group, the insurer declared to sell 90% stake of its plane leasing unit to New china Trust Co. The investors associated with it in the deal are new china life insurance Co, P3 investment Ltd, ICBC international and…
Google Inc Take over speculation acts as catalyst for Groupon Inc shares

Investors of online coupon provider Groupon Inc had a Gala time when the share price increased by 23% in New York to close at $4.69, due to the speculation in market of internet giant Google Inc considering buying the company.…
Wal-Mart Fired 20 years tied New Work Supplier

Wal-Mart Stores, Inc. (NYSE:WMT) Fired a U.S supplier having a 20 year relationship with the world’s largest retailer after a Bangladesh factory burnt last month. The Wal-Mart Stores: The supplier named Success Apparel mention its ignorance about the matter that…
Trader pinched for $ 1 billion Apple stock scheme

Mr. David Miler, the former Rochdale security trader has been accused of the allegations of fraud associated with the purchase of apple’s share. David fein, Connecticut attorney general and the FBI jointly sue a criminal lawsuit against David miller alleging…