Wednesday 20, July 2011 by

$8.8 billion loss for Bank of America

Bank of America has reported a net loss of $8.8 billion for the second quarter of 2011, compared with net income of $3.1 billion in the year-ago period. Excluding certain mortgage-related items and other selected items, net income was $3.7 billion in the second quarter of 2011.

Features & Analyses

Economics Fearlessness to change

A fast-rising star in the Tanzania Government, January Makamba recently announced his intentions to run for President in the 2015… read more