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Analysis: Oversold China catches the eye of investors

NEW YORK (Reuters) - A slowdown in China has hit its financial markets hard this year as fund managers cut exposure to the world's second largest economy, but some investors say it may be time to jump back in. Full story

ResCap paying $198M for US foreclosure claims

Mortgage lender Residential Capital LLC is paying about $198 million to settle federal complaints that it wrongfully foreclosed on homeowners. Full story

Bank of America adds two board members

(Reuters) - Bank of America Corp <BAC.N> said on Wednesday that its board added two directors, Clayton Rose and Pierre de Weck, effective immediately. Full story

Exclusive: Amgen lines up BofA, JPM, Barclays to finance Onyx deal -sources

NEW YORK (Reuters) - Amgen Inc, the world's largest biotechnology company, has lined up Bank of America Corp, JPMorgan Chase & Co and Barclays Plc to finance a potential deal for Onyx Pharmaceuticals Inc, according to three people familiar with the matter. Full story

Why Active Management Isn't as Dumb as You Think

Focusing on short-term results is the wrong reason to avoid active management. Full story

3M vs. Bank of America: Which Dow Stock's Dividend Dominates?

Diversified manufacturer 3M and financial titan Bank of America square off in a battle of dividend fundamentals. Full story

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Articles

China's rate reform points to eventual banking shake-up

Can PayPal Continue to Compete With Big Banks?

The Crazy Things People at Bank of America Could Believe

Analysis: Bank of America's interest-rate exposure may be worse than rivals'

Banks' earnings pop masks deeper concerns

Bank of America makes hay from wealth management

BofA's earnings soar as bank slashes expenses

Bank of America profit jumps on equity trading, cost cuts

Here's 1 Poll That Doesn't Trash Bank of America

The Real Reason Stocks Perked Up This Morning

Video

  A beat for Bank of America

Bank of America reported a 70 percent jump in profits. CNBC's Kayla Tausche reports mortgage origination jumped 6 percent this quarter, which is better than its peers JPMorgan and Citigroup.

  Earnings Squad: BAC & CSX

CNBC's Melissa Lee, Herb Greenberg and Kayla Tausche dissect the numbers on Bank of America, and CSX.

  Trading the momentum

The S&P 500 is looking for its eight straight day of gains. The FMHR traders discuss the positive tone ahead of earnings and a mid-week Bernanke hearing. Steve DeSanctis, Bank of America weighs in on small cap stocks. DeSanctis says the "Russell 2000 w...

  Stocks Up 24% In a Year?

Bank of America Merrill Lynch says the market will be up 24 percent 1 year from now. CNBC's Jeff Cox and Jonathan Burton, MarketWatch, provide perspective.

  June ISM Index 50.9 vs. 49.0 in May

CNBC's Rick Santell reports breaks down the latest data on manufacturing and factory orders. And CNBC's Steve Liesman and BofA's Ethan Harris discuss whether the economy is showing signs of recovery.

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Related Photos

The sign of a Bank of America ATM machine is pictured in downtown Los Angeles October 8, 2010.REUTERS/Fred Prouser
The sign of a Bank of America ATM machine is pictured in downtown Los Angeles October 8, 2010.REUTERS/Fred Prouser

The sign of a Bank of America ATM machine is pictured in downtown Los Angeles October 8, 2010.REUTERS/Fred Prouser

Krawcheck, the former president of the Global Wealth & Investment Management division of Bank of America, speaks during the Reuters Wealth Management Summit in New York
Krawcheck, the former president of the Global Wealth & Investment Management division of Bank of America, speaks during the Reuters Wealth Management Summit in New York

Sallie Krawcheck, the former president of the Global Wealth & Investment Management division of Bank of America, speaks during the Reuters Wealth Management Summit in New York June 3, 2013. REUTERS/Shannon Stapleton

A woman walks past a Bank of America banking center in New York's financial district
A woman walks past a Bank of America banking center in New York's financial district

A woman walks past a Bank of America banking center in New York's financial district in this January 17, 2013 file photo. Bank of America Corp reported a stronger-than-expected 70 percent rise in second-quarter profit, helped by higher revenue from equities sales and trading and a drop in expenses.

US-BANKING-EARNINGS-BOFA-FILES
US-BANKING-EARNINGS-BOFA-FILES

Former employees of Bank of America say they were told to lie to customers about whether they could modify their loans to more affordable terms. They also paid cash bonuses to bank staffers to pushing homeowners into foreclosure.