Several of them related to WikiLeaks, whose founder Julian Assange, has said he has major revelations that may cause the head of a large U.S. bank to resign. There has been widespread speculation, drawing on earlier comments made by Assange, that Bank of America is Assange's target.
Indeed, the bank itself appears to be girding for trouble from Wikileaks, as the Charlotte Observer cites an anonymous bank employee who says he can't access gmail on his company-issued laptop due to stepped up security measures.
Bank of America has also blocked payments to WikiLeaks, it announced Friday, and has been reportedly defensively registering domain names like Brianmoynihansucks.com and brianmoynihanblows.com, according to Domain Name Wire.Some news organizations interpreted a Times of London a Monday interview with WikiLeaks founder Julian Assange as providing confirmation of widespread suspicions that the bank he has been saying he will expose is indeed Bank of America. However, Forbes blogger Andy Greenberg shot down those interpretations. Adding to Bank of America's troubles was a report in The New York Times accusing Bank of America and JPMorgan Chase (JPM), or contractors they employ, of illegally breaking into people's homes. Despite the reports, shares of JPMorgan and Bank of America opened higher on Wednesday, outpacing other big banks like Citigroup (C), Wells Fargo (WFC), US Bancorp (USB), PNC Financial (PNC) and Bank of New York Mellon (BK). -- Written by Dan Freed in New York.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV