THE syndicate of lenders for Eagle Hospitality Trust’s (EHT) US$341 million loan has restricted access to several bank accounts of Eagle Hospitality Real Estate Investment Trust’s (EH-Reit)...

A SPECIAL committee of directors has been set up to safeguard value for and protect the interests of Eagle Hospitality Trust's (EHT) stapled security holders.

[NEW YORK] The economic wallop from the coronavirus offers an opening for large US banks to win back points from the public after the industry was pilloried over the 2008 financial crisis.

[NEW YORK] Airplane manufacturer Boeing Co is in talks with banks to obtain up to US$12 billion in loans, a move that comes as financial pressures mount on a company reeling from a production halt...

[NEW YORK] Bank of America Corp posted a 4.1 per cent fall in quarterly profit on Wednesday, as lower interest rates crimped the second-biggest US lender's ability to earn more from loans.

[BENGALURU] International Business Machines Corp (IBM) said on Wednesday that it has built financial services-specific cloud technology in collaboration with Bank of America Corp, which will be...

FOR US equity investors wary of a sell-off but loath to miss out on a stocks rally, Bank of America Merrill Lynch (BofAML) is pitching an options strategy known as a calendar risk reversal.

[NEW YORK] Bank of America Corp said on Monday its deal-making unit is gaining momentum with midsized companies as it focuses on the sector to regain market share.

BANK of America Corp (BofA) beat estimates for quarterly profit on Wednesday, as the United States' second-largest lender's loan book benefited from a healthy domestic economy.

[NEW YORK] Bank of America Corp's consumer bankers extended their winning streak for another three months.