Linda Young – AHN News Writer Charlotte, NC, United States (AHN) – Bank of America Corp. saw its first-quarter profit drop to $653 million, compared to a profit of $2 billion for the same period last year. Earnings were 3 cents per share, down from 17 cent per share a year ago. The bank said [...]
Posts Tagged ‘Morgan Stanley’
Bank of America sees profits drop
April 23rd, 2012 
davidguide 
Posted in Borrowers 
Tags: bank of america corp, banks in the world, largest banks in the world, Morgan Stanley, profit drop, quarter profits, stress tests 
Comments OffCan’t Get A Bank Loan? Tips For Alternate Small Business Funding
October 20th, 2009 davidguide photo credit: markhillary Already we are seeing the results of the demise of the mortgage market due to the sub prime debacle. Lending banks have severely tightened lending criteria as their asset bases erode and the financial sector comes under huge pressure. Wall street does not like to see 2.5 billion dollar write offs from [...]
Posted in How it Works Tags: Business, Credit card, Financial services, Loan, Morgan Stanley, Small business, Small Business Administration, Subprime lending Comments Off