Global M&A Hit $2.25 Trillion in 2010

Mergers and acquisitions reached $2.25 trillion worldwide in 2010, and the industry is gearing up for more in 2011.

This was the first year since 2007 that the mergers industry has posted positive growth, Reuters reported. Deals in emerging markets …

Investors Extend Talks With Bank of America Over Mortgage Bonds

Bank of America (BAC) said talks will continue with bondholders who are demanding it buy back securities backed by billions of dollars of bad mortgages.

Bank of America has been in talks with investors including Pacific Investment Management Co (Pimc…