July 2, 2000
BofA exec gets tough lesson on loyalty
Alex Sink boasts more than her fair share of smarts, drive, wealth and clout. Many of those attributes helped elevate her in the past 26 years to the head of Bank of America, the former NationsBank, in Florida.
Move over, Eckerd and Walgreen. There soon will be a new drugstore on the block, and CVS Corp. thinks its stores can succeed even though potential neighbors are putting up a fight.
Banks battle bad loans, slowing economy
The banking industry's eight-year string of record earnings could be grinding to a halt, thanks in part to large write-offs of problem loans and rising interest rates.
Harbingers of hard times?
Several national and regional banks in recent weeks have reported growing problems in their loan portfolios. Among them:
Want to buy municipal bonds? Go through a broker
Q. Can you buy municipal bonds directly from their issuers?