mergers

You kind of saw this one coming. Bank of America is crazy to take Countrywide Financial's balance sheet onto its books. Apparently, S&P Equity Research agrees and correctly downgraded BofA to a sell rating because of the risk. Note:…

The Globe & Mail has a storyline out today that caught my eye. It suggests that Royal Bank of Canada (RBC) would find some god takeover opportunities in the US. While I dismissed a similar storyline regarding UBS in Europe from the…

It looks like the BofA-Countrywide deal is still on. In fact, BofA is making room for some of the Countrywide executives in its own executive suite. I reckon we will look back on this deal as a very bad call by BofA.Bank of America Corp.…