Bank of America Grows in Europe

Freed, Dan
January 2007
Investment Dealers' Digest;1/8/2007, Vol. 73 Issue 1, p10
Trade Publication
The article reports on the intention of North Carolina-based Bank of America Corp. to build an investment banking and capital market business in Europe. Business observers argue that the bank will have to rely on acquisitions to get the job done. On the retail side, the bank has not been explicit about the degree to which it is interested in expanding abroad. Some claim that the company has been xenophobic to date as few attempts to capture international business have failed to impress.


Related Articles

  • Playing to Its Strengths, B of A Gets a Following. Boraks, David // American Banker;12/3/2001, Vol. 166 Issue 230, p9 

    Reports the corporate and investment banking strategy of the Bank of America Corp. in the United States. Emphasis on customer relationships and profitability; Investment of banking resources; Generation of profits.

  • B of A: Branches Are First, Deals Possible in Chicago. Jackson, Ben // American Banker;1/10/2003, Vol. 168 Issue 7, p20 

    Focuses on the expansion plans of Bank of America Corp. in Chicago, Illinois. Plans of the bank to open branches in 2003; Factors that led many companies based outside Chicago to gain market share in Chicago through acquisitions; Expansion strategy of the bank in other U.S. states; Rationale...

  • B of A 'Express' Sites Offer Hand-Holding. Boraks, David // American Banker;8/14/2001, Vol. 166 Issue 156, p4 

    Reports the retail concept of the Bank of America Corp. in Atlanta, Georgia. Launch of express banking; Improvement of customer satisfaction rating; Establishment of videoconference links with another bankers.

  • BofA Combining Banking Teams. French, Jeff // Investment Dealers' Digest;8/8/2005, Vol. 71 Issue 31, p8 

    Reports on the move of Bank of America Corp. to combine its commercial banking group with its large-company investment banking business in the U.S. Significance of the consolidation to the bank; Possibility for the bank to offer a broader array of the bank's products; Benefits of bank clients...

  • B of A Plans for Big Apple Unveiled. Boraks, David // American Banker;12/23/2003, Vol. 168 Issue 245, p20 

    Bank of America Corp. and Durst Organization formally announced plans to co-develop a 51-story office tower in midtown Manhattan that will become the headquarters for Bank of America's New York operations as of December 23, 2003. The 2.1 million-square-foot Bank of America Tower at One Bryant...

  • B of A Investment Bank Unit Seeks More Clout. Mandaro, Laura // American Banker;6/30/2000, Vol. 165 Issue 126, p1 

    Reports on the goal of Bank of America Corp. to push its investment banking unit to the same level as its top-tier commercial bank. Appointment of Edward J. Brown to head the bank's global corporate and investment banking operation; Resignation of Michael Murray, former head of the investment...

  • B of A Offers Bundled Service for Nonprofits.  // American Banker;12/5/2003, Vol. 168 Issue 233, p9 

    Bank of America Corp.'s investment management arm has announced that it is adding capabilities to its nonprofit area by offering bundled investment services. Banc of America Capital Management is to offer bundled investment services through two new corporate foundation mandates totaling $70...

  • Bank of America BAC. Peters, Josh; Peters, Jaime // Morningstar DividendInvestor;May2008, Vol. 4 Issue 4, p7 

    The article features Bank of America (BAC), a portfolio holding investment in the U.S. Accordingly, the bank which is managed by Chief Executive Officer (CEO) Ken Lewis, is the biggest consumer bank in the U.S. with offices at over 32 states handling about 80 percent of the entire population....

  • Debt Focus Giving B of A Lift in Europe. Boraks, David // American Banker;9/8/2004, Vol. 169 Issue 173, p1 

    Reports that Bank of America Corp. has had mixed success building a European investment banking operation. Executives who say a two-year effort to focus on debt-raising services there is turning things around; Hiring of bankers at its London debt capital markets operation; How B of A remains a...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics