Bank of America
Starbucks says, ‘no guns with your coffee, plz’ (and other business stories)
September roundup: Our favourite news
Where banks are still hiring
As the West’s big banks layoff thousands, those in emerging economies are doing much better
RBC will show some guts…maybe
I am delighted to see that Gord Nixon is prepared for a little prudent treasure hunting amid the wreckage of the U.S. financial system. This is encouraging in the wake of JP Morgan’s shotgun takeover of Washington mutual last night. JPM takes on an estimated $31 billion in troubled loans, but also gets a hold of America’s biggest savings and loan, reaching almost half of the country’s population, for a mere $1.9 billion. TD was one of several banks that had expressed interest in WaMu, but this big fish goes to the same bank that swallowed Bear Stearns las March at government behest.