Banking

Former Wachovia Corp. branches in Colorado opened Monday under the Wells Fargo & Co. banner, the first step in changing over branches nationwide.

Bank of America Corp. said Monday that it extended nearly $184 billion in credit during the third quarter, as households and communities remain under financial strain.

Former Wachovia Corp. branches in Colorado opened today under the Wells Fargo & Co. banner, the first step in changing over branches nationwide.

Bank of America said today that it has lent nearly $760 billion in the past year - or almost $17 for every dollar it has received in government loans.

Bank of America Corp.'s board continues to consider insiders Greg Curl and Brian Moynihan, as well as least two outside candidates, in its search to replace chief executive Ken Lewis, the Wall Street Journal reported late Sunday.

The Wachovia Corp. child care center in north Charlotte plans to lay off its entire staff, a few months after learning Wells Fargo & Co. would eliminate a tuition subsidy.

A key U.S. House panel is asking Bank of America Corp. to make consumer banking head Brian Moynihan available to testify on Nov. 17 as part of its ongoing probe of the bank's Merrill Lynch & Co. acquisition, a source familiar with the situation said.

Charlotte Mayor-elect Anthony Foxx said he spoke with President Barack Obama on Wednesday about the importance of banking to Charlotte's economy.

The House Oversight and Government Reform Committee is asking Bank of America Corp. to make consumer banking head Brian Moynihan available to testify on Nov. 17 as part of its ongoing probe of the bank's Merrill Lynch & Co. acquisition, a source familiar with the situation said.

The House voted Wednesday to impose tough new rules immediately for credit card companies after voters complained of increased interest rates and steep new fees.