major wirehouse Bank of America, has been an interesting development. Under the current agreement with Jones Lang LaSalle , Bank of America's advisors have the right to sell shares of the Complete Story »
the benefit of doubt for now. The major area for concern is the bank's thin Tier 1 capital ratio. B of A acquired LaSalle Bank for cash in 2007. This acquisition closed in the fourth quarter and dropped the bank's Tier 1 ratio to 6.87% from
on this portfolio. The major area for concern is the bank's thin Tier 1 capital ratio. Bank of America acquired LaSalle Bank for cash in 2007. This acquisition closed in the fourth quarter and dropped the bank's Tier 1 ratio to 6.87% from
its checking customers have mortgages through the bank. We are thrilled with Bank of America's proposed purchase of LaSalle bank . We believe LaSalle will be worth a lot more under the B of A umbrella than its $21 billion purchase price. B of
fair value estimate for ABN unchanged. The consortium's bid is contingent on ABN's previously announced sale of LaSalle Bank to Bank of America BAC not going through. A Dutch court froze the sale, but Bank of America has filed a lawsuit in
would decrease further. Brett Horn Bank of America Thwarted (Maintaining) Bank of America's BAC bid to purchase LaSalle Bank from ABN Amro ABN was dealt a major setback May 3 as a Dutch court ruled that this deal had to be approved by shareholders
Bank of America's BAC bid to purchase LaSalle Bank from ABN Amro ABN was dealt a major setback today as a Dutch court ruled that this deal had to be approved by shareholders. Earlier