Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Bank of America Quadruples Profits in 2013 Q4  Join our daily free Newsletter

MENAFN - Qatar News Agency - 19/01/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Qatar News Agency) Bank of America achieved a net profit of 3.44 billion at the final quarter of 2013, the bank said Thursday.

The financial results are around four times more the net profit achieved in the same period of 2012, worth 732 millio

Many analysts suggested that Bank of America was still recovering from the world credit crunch of 200

However last year's results show that the bank have moved passed those troubled time

The bank's improved results are related to the United States' recent economic progress, that enabled many of its citizens to start paying their loans bac

Bank of America had to lay off a large number of employees as a result of the financial crisi

Last year, the number of employees decreased by 9% to 242,100


Qatar News Agency

  MENA News Headlines
 Nov 25 2015 - Oman awards USD5.2b Liwa venture to industry leadersMENAFN
(MENAFN) An award estimated at USD2.8 billion from Oman Oil Refineries and Petroleum Industries Company (Orpic) will be given to the joint venture of US-based energy substructure services giant CB&I ...

 Nov 25 2015 - KSA's Binladin Group to layoff 15k staffMENAFN
(MENAFN) Saudi Binladin Group, the multinational construction conglomerate intends to let go nearly 15,000 of its employees, according to recent reports.Accordingly, the move comes as an inevitable ...

 Nov 25 2015 - India- EPFO launches Online Registration of Establishments with Digital SignatureKNN India
(MENAFN - KNN India) With the view to make registration process easier for the employers to register, a Digital Signatures based Online Registration of Establishments (OLRE) was launched by the ...

 Nov 25 2015 - UK ready to call UN meeting on downing of Russian jetThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) The U.K. is prepared to call a UN Security Council meeting regarding the downing of a Russian jet after it violated Turkish airspace Britain's UN envoy ...

 Nov 25 2015 - Turkey- Experts: Downing of Russian jet in line with intl lawThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Turkey's downing of a Russian military plane violating its airspace is in line with international law practices according to experts. A Russian ...

 Nov 25 2015 - UN chief 'seriously concerned over Russian jet incidentThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) UN Secretary-General Ban Ki-moon expressed "serious concern" over the incident that resulted in the downing of a Russian jet after it violated ...

 Nov 25 2015 - NATO backs Turkey after downing of Russian warplaneThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) NATO backs Ankara after Turkey downed a Russian warplane that breached its airspace on Tuesday Secretary General Jens Stoltenberg has said. Speaking at a ...

 Nov 25 2015 - Turkey- Downed Russian jet violated Turkish air space: NATOThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) NATO Secretary General Jens Stoltenberg has said Turkish information over downedRussianjet's air space violation was correct contrary to theRussianclaims. ...

 Nov 25 2015 - In Israel US state secretary decries Palestinian terrorThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) U.S. Secretary of State John Kerry on Tuesday during his first visit to Ramallah and Tel Aviv since Israel’s devastating onslaught on the Gaza Strip ...

 Nov 25 2015 - Turkey has right to defend territory air space Obama saysThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Ankara and Moscow must ease tensions said U.S. President Barack Obama while commenting on the downing of aRussianfighter jet by Turkey as he higlighted that ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help