Bank of America’s charitable foundation is seeking nominations for its fifth group of Neighborhood Excellence awards.

Categories include:

• Neighborhood Builders: Nonprofit organizations working to improve and revitalize their communities. Two groups in each region will receive $200,000 in unrestricted funds.
• Local Heroes: Five…

Kellwood Co. has begun a $60 million buy back of debt using part of the proceeds from the $162 million sale of its Smart Shirts business.

The offer applies to notes with a coupon rate of 7.875 percent which mature…

Kellwood Co., which has twice rejected a takeover offer from Sun Capital Securities Group, has entered into a $80 million accelerated share repurchase agreement with Bank of America that will allow it to buy about 18 percent of its outstanding…

Bank of America’s charitable foundation will recognize two St. Louis organizations and 10 individuals Thursday with Neighborhood Excellence Initiative awards.

Two groups will get grants of $200,000 each. They are:

• Old North St. Louis Restoration Group, which aims to revitalize the…

In the last two days, Bank of America has introduced two groups of products for those who can’t be bothered to sit still for banking: mobile banking and a group of NASCAR-branded products.

Mobile banking, which has been tested in limited…

Bank of America says its new “No Fee Mortgage Plus” will simplify the process of obtaining a mortgage by  pruning application and lender fees and guaranteeing a closing within 25 days.

Liam McGee, the bank’s president of global consumer and small…