Banks - U.S. stocks post worst beating on global rout

U.S. stocks post worst beating on global rout
Xinhua News Agency - Citigroup Inc and Bank of America Corp, the biggest U.S. financial-services companies, led the retreat after a drop in consumer confidence and rising mortgage defaults spurred concern that profit growth will be wiped out by a recession, Bloomberg

'Barbie Bandits' raid: Four held
MSN UK News - Two young women wearing trendy tight jeans and the bug-eyed shades favoured by Hollywood starlets were filmed walking into the Bank of America supermarket branch in an affluent Atlanta suburb and simply handing a note to the cashier demanding money.

Young girls rob bank
United Press International - Investigators said the two women, thought to be between 16 and 24 years of age, approached a Bank of America branch in a Kroger grocery store and handed a holdup note to a teller, the Atlanta Journal-Constitution reported Thursday. Officer Wayne Delk

Sharp falls in sales of new US homes
MSN MoneyCentral - Government figures released on Wednesday also showed prices cooled as core inflation slowed to 1.9 per cent from an estimate of 2.1 per cent. Peter Kretzmer, an analyst at Bank of America, said Wednesday's data pointed to growth "well below" trend

BofA employee accused in insider-trading probe
MSN MoneyCentral - Federal authorities say they have exposed one of the most far-reaching insider-trading schemes on Wall Street in decades, an investigation that includes a Bank of America Corp. employee. According to The New York Times, 13 individuals have been