On Monday, Shares of Bank of America Corp (NYSE:BAC), lost -2.55% to $15.48.
The gap between the No. 1 and the No. 2 banks in deposit market share in Tampa Bay is growing, according to bizjournals.com.
Bank of America widened its lead over Wells Fargo Bank in the 12 months ended June 30, according to newly released statistics from the Federal Deposit Insurance Corp.
As of June 30, 2015, Bank of America (NYSE: BAC) had $16.675 billion in deposits in the seven-county Tampa Bay area, and a 17.8 percent deposit market share. Wells Fargo had $13.2 billion in deposits and a 14.09 percent deposit market share.
A year ago, the market leaders were closer together, when BofA had a 16.9 percent deposit market and Wells had a 15.11 percent deposit market share.
The FDIC report also shows a new No. 3 in the Bay area. Raymond James Bank, part of Raymond James Financial Inc. (NYSE: RJF), moved up in the rankings, with $11.5 billion in deposits and a 12.29 percent deposit market share. Raymond James Bank topped SunTrust Bank (NYSE: STI) with 12.17 percent market share and Regions Bank (NYSE: RF) with 6.86 percent market share. All other banks were under 5 percent market share. bizjournals.com Reports
Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers, small- and middle-market businesses, institutional investors, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services.
Shares of Wells Fargo & Co (NYSE:WFC), declined -2.14% to $50.38, during its last trading session.
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company (NYSE:WFC), declared recently that Jim Jeffries and Gary Wolfe have been designated co-heads of the Loan Syndications and High Yield Debt Capital Markets group, effective October 1st. Their expanded roles comprise leading Investment Grade Loan Syndications, Real Estate Syndicated Finance and Loan Sales, in addition to maintaining responsibilities for Leveraged Finance, High Yield Capital Markets and Leveraged Syndicate. Jeffries and Wolfe, both based in Charlotte, will succeed Frank Pizzo, who was recently named regional president for Europe, Middle East & Africa (EMEA) in Wells Fargo’s International group. They will report directly to Rob Engel, head of the Investment Banking and Capital Markets group.
Jeffries and Wolfe presently serve as managing directors and co-heads of the Leveraged Finance group, which is responsible for the origination and execution of leveraged loans, high yield securities, and other junior capital products across all industry sectors. Both Jeffries and Wolfe joined Wells Fargo in 2004 to expand acquisition finance capabilities of the company. Before joining Wells Fargo Securities, Jeffries and Wolfe were managing directors in the Leveraged Finance group at Banc of America Securities.
Wells Fargo & Company is a financial and bank holding company. Its principal business is to act as a holding company for its subsidiaries. The Company is a diversified financial services company. It has three operating segments: Community Banking, Wholesale Banking and Wealth, and Brokerage and Retirement. The Company provides retail, commercial and corporate banking services through banking stores and offices, the Internet and other distribution channels to individuals, businesses and institutions in all around 50 states, the District of Columbia and in other countries.
Shares of Boston Scientific Corporation (NYSE:BSX), declined -2.58% to $15.89, during its last trading session.
Boston Scientific Corporation revealed results of a comprehensive survey which shows the true burden of severe asthma and the daily challenges faced by people with asthma in Europe. Uncovering Asthma, a survey of over 850 people with severe asthma from across Europe, has found that severe asthma affects a quarter of the respondents on a daily basis, with a staggering 71% feeling the negative effects weekly. While the respondents identified their social life (32%) as the aspect which is most affected by their asthma, many also mention their working life (23%), family life (18%) and their sex life (17%) as being affected too[1]. Leading asthma experts are now calling for urgent action on how people living with severe asthma are cared for across Europe.
The survey calls for people with severe asthma to reappraise the impact their condition is having on their lives, in addition to discussing with their healthcare professional how to better manage it. Severe asthma affects about 1.5 million people in Europe, with some estimates suggesting nearly a fifth of people with asthma could be living with the severe form of the condition.
Amongst those surveyed who are working or studying, nearly half (46%) admitted to having to reduce their hours or take additional days off as a result of their condition, whilst a quarter believe having severe asthma has negatively affected their careers, for example by having to change their role or even leave a job.
Boston Scientific Corporation develops, manufactures and markets medical devices. The Company offers its products by seven core businesses: Interventional Cardiology, which includes Drug-Eluting Coronary Stent Systems, Intravascular Imaging devised and Coronary Technology products, such as guide wires, guide catheters, and balloon catheters, among others; Peripheral Interventions (PI), which include stents, balloon catheters, wires, peripheral embolization devices and vena cava filters; Cardiac Rhythm Management (CRM), which include implantable devices that monitor the heart and deliver electricity to treat cardiac abnormalities; Electrophysiology (EP), which include steerable RF ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories; Endoscopy, which includes Spyglass System, WallFlex Colonic Stents, Resolution Clip, and Expect Aspiration Needle, among others; Urology and Women’s Health, and Neuromodulation.
Finally, Procter & Gamble Co (NYSE:PG), ended its last trade with -1.20% loss, and closed at $71.80.
According to a new global study run by Gillette Venus, 8 in ten women (81.5%1)feel that showing the world who they truly are is an important aim*. 67 percent2 of them have practiced one-dimensional labels or stereotypes in their lives and nearly half (46 percent2) report feeling insecure when given a label.
Recently Gillette Venus takes a stand and empowers women to accomplish this aim via the second phase of its #UseYourAnd campaign. The campaign aims to inspire women and girls to unleash their full potential and not be limited by one-dimensional labels.
With the #UseYourAnd campaign evolution, Gillette Venus offers inspiration from real women through the video “My &’s. My Choice.” With the assist of spoken-word poetry, they show the world who they really are and don’t let society define them with one label.
Gillette Venus is also unveiling The #UseYourAnd Diaries, an online resource that celebrates authenticity and serves as an inspiration hub where labels and stereotypes have no power. Most women chose “standing up for others” and “encouraging their friends to explore all of their passions” as the top ways to assist eliminate one-dimensional labels1. With The #UseYourAnd Diaries, Gillette Venus is providing women with unscripted advice from real women, arming them with tools to take a stand and assist others do the same.
The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which includes oral care and personal health care products.; Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands.
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