Financial View

NEW YORK — Bank of America Corp. said Wednesday it is selling the long-term asset management business of one of its units to Ameriprise Financial Inc.

Bank of America Corp has struck a deal to sell a long-term asset management business, part of its Columbia Management division, to Ameriprise Financial Inc for about $1 billion.

ROCKVILLE, MD– – MarketResearch.com has announced the addition of TowerGroup’s new report “The Fantastic Future of Financial Planning in the US Wealth Management Industry,” to their collection of Banking & Financial Services market reports. For more information, visit http://www.marketresearch.com/redirect.asp?progid=67618&productid=2430322 …

NEW YORK – Bank of America Corp. said Wednesday it is selling the long-term asset management business of one of its units to Ameriprise Financial Inc.

Bank of America says it will sell the long-term asset management business of one of its units to Ameriprise Financial.

Bank of America says it will sell the long-term asset management business of one of its units to Ameriprise Financial.

Bank of America Corporation today announced it has signed an agreement to sell the long-term asset management business of Columbia Management to Ameriprise Financial, Inc. for approximately $1 billion, subject to certain adjustments.

MINNEAPOLIS—-Ameriprise Financial, Inc.

In July 0f 2009 Growth Works Ltd. acquired Mavrix Fund Management Inc. . As part of that transaction, VentureLink Financial Services Innovation Fund Inc

Software helps companies close their books Oracle is buying software assets from HyperRoll to improve the reporting capabilities in Oracle’s financial management software, the companies announced Monday.