- 8.625% Non-Cumulative Preferred Stock, Series J - $215.6250 per share (equivalent to $0.5390625 per related Depositary Share).
- 5.50% Non-Cumulative Preferred Stock, Series O - $137.50 per share (equivalent to $0.34375 per related Depositary Share).
Deutsche Bank, Banco Santander, and Bank of New York Mellon are teaming with broker ICAP, technology company Clearmatics, and UBS Investment Bank to create a "utility settlement coin."
Who needs the Fed? Interest rates are already rising, and Bank of America is reaping a windfall.
JPMorgan (JPM) has appointed former IBM executive Harish Grama as the company's first-ever chief information officer for cloud services on Wednesday.