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Topic: Banc of America Securities


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In the News (Tue 14 Feb 12)

  
  TheStreet.com: Banc of America Securities Fires 32
Banc of America Securities, the investment banking and brokerage arm of Charlotte, N.C.-based Bank of America, cut 32 positions, including five research analysts, 22 research associates and five salespeople, according to a person close to the situation.
A Banc of America Securities spokesman wouldn't discuss the layoff number but confirms there were "reductions, mainly due to market conditions," and says the firm decided to "selectively reduce staff but had no specific goals for headcount." He adds the cuts are "in line with industry" trends.
Like a number of its financial counterparts, Bank of America has been playing up first-quarter results up by comparing them to the even weaker fourth quarter, a trend that seems to be catching on in the industry lately.
www.thestreet.com /stocks/eileenkinsella/1401327.html   (362 words)

  
 SEC Fines Banc of America Securities $10 Million Information Management Journal - Find Articles
Banc of America Securities LLC, a unit of Bank of America Corp., agreed to pay a record $10 million penalty to settle the U.S. Securities and Exchange Commission's (SEC) claims that it violated recordkeeping laws and access requirements laws.
The SEC said Banc of America Securities told investigators it could not reproduce e-mails sent before June 2001 without incurring unreasonable expense because it would require restoration from backup tapes.
Bank of America spokeswoman Shirley Norton told the AP that the bank has implemented several measures "designed to improve its ability to respond to this and other regulatory inquiries," including the creation of a special internal regulatory investigation unit devoted to recovering and producing information for this and other investigations.
www.findarticles.com /p/articles/mi_qa3937/is_200405/ai_n9366981   (578 words)

  
 Banc of America Securities LLC
Banc of America Securities is a full-service corporate and investment bank that provides creative capital-raising solutions, advisory services, derivatives capabilities, equity and debt sales, and trading.
Banc of America Securities and its parent Bank of America Corporation have been widely recognized for their progressive workplace practices and corporate diversity initiatives.
Banc of America Securities and our parent company, Bank of America, have committed to lend $350 billion for community development over 10 years.
www.wetfeet.com /asp/companyqa_detail.asp?company_pk=2242   (1752 words)

  
 Banc of America Capital Investors Private Equity and Mezzanine Financing | News
Banc of America Securities LLC served as lead arranger of the senior debt facilities and book running manager for the high yield securities raised in conjunction with the buyout.
A copy of the prospectus relating to these securities may be obtained from J.P. Morgan Securities Inc., Addressing Department, One Chase Manhattan Plaza, Floor 5B, New York, NY 10081 or Banc of America Securities LLC, Attn: Prospectus Department, 100 West 33rd Street, New York, NY 10001 or via e-mail at dg.prospectus_distribution@bofasecurities.com.
A copy of the prospectus relating to these securities, when available, may be obtained from J.P. Morgan Securities Inc., Addressing Department, One Chase Manhattan Plaza, Floor 5B, New York, NY 10081 or Banc of America Securities LLC, Attn: Prospectus Department, 100 West 33rd Street, New York, NY 10001 or via e-mail at dg.prospectus_distribution@bofasecurities.com.
www.bacapitalinvestors.com /news   (2734 words)

  
 Banc of America Securities - Wikipedia, the free encyclopedia
Banc of America Securities LLC (BAS) is the investment banking subsidiary of Bank of America.
The use of "Banc" in the BAS's name is indicative of the fact that the company is not a bank, and its deposits and other holdings are not insured by the FDIC.
Its world headquarters is at the Bank of America Corporate Center in Charlotte, but the bulk of its Investment Banking operations are presently located at the Solow Building in New York City.
en.wikipedia.org /wiki/Banc_of_America_Securities   (417 words)

  
 WebWire® | Banc of America Securities Limited Expands Into TradeWeb’s European Government Bonds Marketplace
Bank of America (NYSE: BAC) is one of the world’s largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial products and services.
Bank of America serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 79 percent of the Global Fortune 500.
Banc of America Securities Limited is a wholly-owned subsidiary of Bank of America, N.A. and is authorised and regulated in the United Kingdom by the Financial Services Authority.
www.webwire.com /ViewPressRel.asp?aId=14681   (759 words)

  
 Banc of America Securities LLC - Google Finance
Banc of America Securities makes its marc as the investment banking arm of Bank of America.
The subsidiary, along with its UK affiliate Banc of America Securities Limited, offers trading and brokerage services; debt and securities underwriting; debt and equity research; and advice on public offerings, leveraged buyouts, and mergers and acquisitions.
Banc of America Securities' clients consist of corporations (including most Fortune 500 firms), institutional investors, and government entities.
google.com /finance?cid=15921699   (285 words)

  
 Case Study: FaceTime/Banc of America Securities
Banc of America Securities' investors increasingly wanted to use instant messaging (IM) for business and transaction correspondence with their brokers.
The securities firm realized that IM was becoming a valuable communications channel with the potential to improve customer service and satisfaction.
Banc of America Securities also installed a monitoring disclaimer that automatically loads at the start of any IM session.
www.instantmessagingplanet.com /enterprise/article.php/1414191   (556 words)

  
 US Credit - Banc of America Securities
The investment-grade team at Banc of America Securities is not the first to merge cash bond and derivative desks, but by throwing structured credit into the mix, Charley McLendon hopes to lead the team to a top-three position.
After all, Bank of America, the country’s third largest bank, has steadily climbed the ranks since it began dealing in corporate bonds a decade ago, and already counts comfortably as a top 10 issuer and trader of debt.
Pushing its derivatives products has helped Bank of America weather an increasingly bearish cash market and many of Bank of America’s clients have upgraded their relationship with the investment-grade unit in the past year as a result of the reorganization.
db.riskwaters.com /public/showPage.html?page=169901   (2880 words)

  
 deseretnews.com | Banc of America Securities to pay $10 million
CHARLOTTE, N.C. — Banc of America Securities LLC, a unit of Bank of America Corp., agreed to pay a record $10 million penalty to settle the U.S. Securities and Exchange Commission's claims that it violated laws on record keeping and access requirements, the SEC said Wednesday.
According to the SEC, the violations occurred during an ongoing investigation of whether Banc of America Securities made improper trades prior to the release of the firm's stock analyst reports.
Besides the censure and $10 million penalty, Banc of America Securities settled the case without admitting or denying the commission's findings.
deseretnews.com /dn/view/0,1249,595048136,00.html   (458 words)

  
 Banc of America Capital Management, BACAP Distributors and Banc of America Securities to Pay $375 Million, Exit Mutual ...
Banc of America Capital Management, BACAP Distributors and Banc of America Securities to Pay $375 Million, Exit Mutual Fund Clearing Business, and Make Other Remedial Reforms to Settle SEC Market Timing and Late Trading Charges
The money will be distributed to the mutual funds and their shareholders that were harmed as a result of market timing and late trading in Nations Funds and other mutual funds.
The SEC's action was brought contemporaneously with a related action by the Attorney General of the State of New York, the Office of the Comptroller of the Currency and the Federal Reserve Bank of Richmond.
www.sec.gov /news/press/2005-16.htm   (762 words)

  
 Banc Investment Group, LLC
Brown is President and CEO of the Banc Investment Group and has served in that capacity since its formation in August of 2002.
Nichols was a principal with Banc of America Securities, where he was co-founder of the Banking Investment Strategies Group.
Lew was also employed by Banc of America Securities for 15-years where she specialized in fixed income sales, portfolio management and marketing bank products to independent banks and middle market corporations.
www.bancinvestment.com /company/team.html   (1998 words)

  
 Banc of America Specialist   (Site not responding. Last check: 2007-10-08)
In 2004, Bank of America acquired FleetBoston Financial and became Banc of America Specialist.
Her role is to help companies who are listing on the NYSE understand how Banc of America Specialist can best serve their needs.
Previously, he was a Senior Associate in the Mergers & Acquisitions Group at Banc of America Securities, where he provided financial analyses for the execution of merger and acquisition transactions, divestitures and leveraged buy-outs.
www.bancofamericaspecialist.com /corpTeam.asp   (1662 words)

  
 Banc of America Securities Limited Expands Into TradeWeb's European Government Bonds Marketplace
Banc of America Securities Limited currently supports US productsincluding Treasuries and Agencies, Commercial Paper and TBA-MBS.
Bank of America (NYSE: BAC) is one of the world's largest financialinstitutions, serving individual consumers, small and middle marketbusinesses and large corporations with a full range of banking, investing,asset management and other financial products and services.
Banc of America Securities Limited is awholly-owned subsidiary of Bank of America, N.A. and is authorised andregulated in the United Kingdom by the Financial Services Authority.
www.media-press-release.com /desk/200605/57338.htm   (772 words)

  
 Recommended Cash and Share Offer by Banc of America Securities Limited and TIBCO Software Inc. for Staffware Plc   (Site not responding. Last check: 2007-10-08)
Banc of America Securities is acting as financial adviser to TIBCO in relation to the Offer.
An Offer Period is deemed to commence at the time when an announcement is made of a proposed or possible offer, with or without terms and will end on the date on which the Offer becomes or is declared unconditional as to acceptances or lapses or is otherwise withdrawn.
Under the provisions of Rule 8.1 of the Code, any such dealings by Staffware, TIBCO or by any of their respective "associates" (within the meaning of the Code) must also be disclosed.
www.tibco.com /company/news/releases/press619.jsp   (6255 words)

  
 Global Equities Home   (Site not responding. Last check: 2007-10-08)
Banc of America Securities delivers innovative solutions and world–class execution to help clients invest funds, raise capital, grow portfolios and manage exposure.
Banc of America Securities LLC (BAS), member NYSE/NASD/SIPC.
Banc of America Securities Limited (BASL), member of the London
corp.bankofamerica.com /public/equities/index.jsp   (133 words)

  
 Banc of America Securities LLC   (Site not responding. Last check: 2007-10-08)
Banc of America Securities LLC (BAS), a subsidiary of Bank of America Corporation, is a full service investment bank and brokerage firm with approximately $3.2 billion in regulatory capital.
Through Bank of America, Banc of America Securities clients can also access products and services that include senior bank debt, bridge financing, real estate banking, treasury management, trade finance and risk management (derivative products and foreign exchange).
Banc of America Securities is a registered broker-dealer with the Securities and exchange commissions and is a member of the National Association of Securities Dealers and the New York Stock exchange.
company.monster.com /natbanc   (162 words)

  
 Case Study: IM Pays Off For Banc of America Securities
To make the kind of decisions that keep your business competitive, you must be able to sort through an increasing volume of information quickly while maintaining high performance levels.
IM Auditor is also designed to integrate with Banc of America Securities' existing e-mail compliance systems.
This compatibility enabled Banc of America Securities to leverage their investment in existing systems.
itmanagement.earthweb.com /entdev/article.php/1428431   (811 words)

  
 TheStreet.com: Montgomery Exec Heads for the Exit at Banc of America Securities
A Banc of America Securities spokeswoman declined to comment.
Logan was one of the last remaining members of the executive committee that helped build Montgomery into a boutique banking powerhouse.
The new duties in London that were to be Logan's will now likely fall to Lew Coleman, chairman of Banc of America Securities, according to someone close to the firm.
www.thestreet.com /stocks/brokerages/784221.html   (545 words)

  
 FaceTime Banks on Banc of America Securities
Foster City, Calif.-based FaceTime Communications, which provides instant messaging for businesses, said that investment bank and brokerage concern Banc of America Securities has bought FaceTime's IM Auditor product to enable real-time communications for its brokers and their customers.
Through IM Auditor, Banc of America Securities can now use public instant-messaging networks from America Online, Microsoft and Yahoo for time-sensitive business communications with its customers, while ensuring administrative controls are in place to comply with government regulations as Uncle Sam and Wall Street increasingly crack down on untracked IM use.
Under regulations mandated by the Securities and Exchange Commission (SEC 17a-4) and the National Association of Securities Dealers (NASD 3010), instant messages are treated like any other electronic messages in terms of how they must be retained, supervised and reviewed by brokerage firms.
www.instantmessagingplanet.com /enterprise/article.php/937751   (422 words)

  
 Banc of America Securities Careers: Vault BAS Career & Hiring Profiles   (Site not responding. Last check: 2007-10-08)
Banc of America Securities employee surveys are collected by Vault editors, Vault Gold Surveys provide detailed information on careers and hiring at specific employers.
Employee Workplace: Banc of America Europe was the most disorganized, chaotic and multi- cultural place I have ever work...
Vault.com is not associated or affiliated with Banc of America Securities.
www.vault.com /career-company/Banc-of-America-Securities.html   (622 words)

  
 Banc of America Securities - Careers, Jobs and Hiring Information: Vault.com.
With company profiles, interviewing advice, message boards, job listings, career services and more, Vault is your complete resource to jobs, careers, interviews and recruiting at Banc of America Securities.
In general, employees at BofA Securities are happy to be there.
In fact, one insider thinks BofA Securities has "hands-down the best culture in the industry." Others describe the bank as "friendly," "non-hierarchical," "supportive" and an "inclusive meritocracy." Some insiders, however, observe that the bank does not, as yet, have one consistent culture.
www.vault.com /company/BancofAmericaSecurities.html   (184 words)

  
 ISE lands Banc of America - Feb. 10, 2000
ISE lands Banc of America - Feb. 10, 2000
NEW YORK (CNNfn) - The International Securities Exchange, a would-be options exchange, today signed its 10th and final primary market maker, Banc of America Securities.
Now it has signed the last slot, adding Banc of America Securities, the capital-markets subsidiary of Charlotte, N.C.-based Bank of America Corp., the largest retail bank in the United States.
money.cnn.com /2000/02/10/investing/ise   (912 words)

  
 Banc of America Securities Selects SunGard's referencePoint Managed Data Service (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-10-08)
NEW YORK, NY, May 23, 2005— SunGard (NYSE: SDS) announced today that Banc of America Securities (BAS) has selected SunGard's referencePoint Managed Data Service, a managed service for generating pricing and reference data.
This follows SunGard's October 2004 announcement of Banc of America Securities' charter membership on the referencePoint advisory panel, which SunGard established to help drive the development of the managed data service.
SunGard is a member of the SandP 500 and has annual revenue of $3 billion.
www.marketdata.sungard.com.cob-web.org:8888 /press/press_052305.htm   (415 words)

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