Monday 02, November 2009 by

Bank of America announces third-quarter net loss of $1 billion

Bank of America has reported a third-quarter 2009 net loss of $1 billion. After deducting preferred dividends of $1.2 billion, including $893 million related to dividends paid to the U.S. government, the diluted loss per share was $0.26.

Features & Analyses

Lifestyle A new spin on Gulf style

UAE-based fashion designer Ahmed Abdelrahman is realising his vision to make the kandora and other traditional Gulf staples a part… read more