Monday, February 20, 2012

Roundup: Bank of America back?

Here's a look at what's news on this Presidents Day bank holiday:

  • Is Bank of America "back from the dead" or "still a zombie"? A Bloomberg Businessweek editor discusses the bank's stock price this year, and concludes investors should still expect ups and downs.
  • Britain's Lloyds Banking Group is said to be demanding that executives repay their bonuses after unexpected losses turned up, The New York Times reports.
  • Spain's sovereign debt load could double from its position at the start of the European financial crisis, which could provide more woes for the continent, Bloomberg reports.