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Tag Archives: Bank of America

Stocks plunge as worries about Europe intensify

The problems that weighed down stocks all summer show no sign of letting up. U.S. stocks plunged Friday, erasing the week’s gains, amid rising fears about fallout from Europe’s debt crisis. Seeking safer investments, investors sent the yield on the ...

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Bank of America sells half of its China bank stake

NEW YORK — Bank of America Corp. is selling half of its stake in China Construction Bank Corp. to raise cash and shore up its capital base. The nation’s largest bank by assets said Monday it will sell 13.1 billion ...

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