Bank Of America Corp

The chief operations and technology officer of Bank of America Corp. moves from No. 2 to the top spot.
Frontier Communications Corp. completed the fifth-largest high-yield bond offering in history just under the wire before investors began to back away from junk bonds.
Bank of America Corp.’s global technology and operations executive climbs to the No. 2 spot on this year’s Tech 50 ranking.
Reliance Industries is seeking to raise more than $1 billion from the sale of bonds to foreign investors.
Bank of America Corp. head of Americas Group of 10 currency strategy Paresh Upadhyaya is leaving the firm.
U.K.’s largest publicly traded mall owner Capital Shopping Centres has received a £375 million loan to cut borrowing costs.
The second largest U.S. lender Bank of America Corp.has issued common shares and senior notes worth $2.1 billion.
China Investment Corp. has boosted its stake in Hong Kong–traded shares of China Construction Bank Corp. by acquiring 2.76 billion of its H shares.
Investment manager Babson Capital Management has appointed Vik Thadani as a managing director in its mezzanine and private equity group.