Banking

January 26, 2015

1

Bank of America Reports Fourth-quarter 2014 Net Income of $3.1 Billion, or $0.25 per Diluted Share

Full-year 2014 Net Income of $4.8 Billion, or $0.36 per Diluted Share, on Revenue of $85.1 Billion(B)

Continued Business Momentum

  • Originated $15 Billion in Residential Mortgage Loans and Home Equity Loans in Q4-14, Helping Approximately 41,000 Home Owners Purchase a Home or Refinance a Mortgage
  • Issued 1.2 Million New Credit Cards in Q4-14, With 67 Percent Going to Existing Relationship Customers
  • Delivered Record Asset Management"...

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January 10, 2015

2

Foreign exchange reserves at $185.273 billion by end of September 2014

Algeria’s foreign exchange reserves stood at $185.273 billion by the end of September 2014, "a level called suitable helping Algeria to curb the external chock," Governor of Bank of Algeria, Mohamed Laksaci said Thursday in Algiers.


Laksaci was speaking at a meeting held at the headquarters of the Bank of Algeria, with the CEOs of banks and financial institutions"...

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