Banking News: Bank of America Corp (BAC)’s Thundering Herd, JPMorgan Chase & Co. (JPM) & Wells Fargo & Co (WFC)’s Accord

Page 2 of 2

Wells Fargo Turns Away Eminent Domain Protesters (mortgagedaily)
In response to a group of protesters who demanded to speak to top officials, Wells Fargo & Co (NYSE:WFC) denied their request and locked its doors “in order to protect the safety of our customers and team members.” The 40 protesters, including the mayor of Richmond, Calif., and underwater borrowers, wanted to speak to Wells Fargo & Co (NYSE:WFC) Chief Executive Officer John Stumpf. The city has become the first to partner with Mortgage Resolutions Partners in a controversial plan to use its power of eminent domain to seize non-agency securitized loans, reduce the principal balances and earn a profit at the expense of investors.

Bank of America plans new Boca Raton branch (BizJournals)
Bank of America Corp (NYSE:BAC) filed plans with regulators to open a branch near the Town Center at Boca Raton mall. The bank (NYSE: BAC) submitted its application for a branch at 5200 Town Center Circle. It already has a dozen branches in Boca Raton. Bank of America Corp (NYSE:BAC) was the second-largest bank by deposits in South Florida on June 30 with $25.1 billion, according to the Federal Deposit Insurance Corp. It ranked first in branches with 205.

JPMorgan Chase Announces Conference Call to Review Third Quarter 2013 Earnings (IstockAnalyst)
JPMorgan Chase & Co. (NYSE:JPM) Announces Conference Call to Review Third Quarter 2013 Earnings JPMorgan Chase & Co. (NYSE:JPM) will host a conference call to review third quarter 2013 financial results on Friday, October 11, 2013 at 8:30a.m. (Eastern). The results are scheduled to be released at 7:00a.m. (Eastern). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Investor Presentations. The general public can also access the conference call by dialing the following numbers: (866) 541-2724 or (866) 786-8836 in the U.S. and Canada; (706) 634-7246 for international callers. Please dial in 10 minutes prior to the start of the call.

Female Wells Fargo executive, 56, dies suddenly on a business trip though her husband says she was ‘in perfect health’ (DailyMail)
A Wells Fargo & Co (NYSE:WFC) executive died unexpectedly while on a business trip aged just 56, it emerged today. Anne Doss, who headed Wells Fargo & Co (NYSE:WFC)’s personal and small-business insurance division, died on Wednesday at a Sofitel hotel in Minnesota from apparent ‘natural causes’. ‘It is with great sadness that Wells Fargo & Co (NYSE:WFC) confirms that Anne Doss, head of our personal and small-business insurance division, has passed away,’ the bank said in a statement yesterday. A spokeswoman for the Hennepin County Medical Examiner’s Office said her death was being investigated.


Page 2 of 2