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Bank of America Corp.

A collection of news and information related to Bank of America Corp. published by this site and its partners.

Top Bank of America Corp. Articles

Displaying items 23-33
  • The Mortgage Professor: The CFPB is now a consumer complaint clearinghouse: Will that help consumers?

    Markets for financial services often don't work well for consumers. The trial and error technique that consumers rely on in navigating many markets, such as food and clothing markets, does not work well when transactions are large and infrequent....
  • Florida to get $1 billion of Bank of America settlement, Bondi says

    Florida to get $1 billion of Bank of America settlement, Bondi says
    A massive settlement announced Thursday between Bank of America and the U.S. Department of Justice will provide about $1 billion in assistance to thousands of Floridians, state Attorney General Pam Bondi said Thursday. The settlement, which totals $16....
  • Settlement brightens outlook for Bank of America, fund managers say

    NEW YORK (Reuters) - Bank of America's decision to pay $16.7 billion to settle charges stemming from the sale of mortgage-backed securities may finally allow the company to put last decade's housing bubble behind it, fund managers and analysts say....
  • Bank of America pagará 16.500 mln dlr para finalizar investigación por hipotecas

    WASHINGTON (Reuters) - Bank of America Corp llegó a un acuerdo los reguladores estadounidenses para el pago de 16.650 millones de dólares, con el que pondría fin a acusaciones sobre que habría llevado a inversores a comprar activos respaldado por...
  • Paul Hoffman, director, Dresner Partners

    Paul Hoffman, director, Dresner Partners
    Chicago-based investment bank Dresner Partners has promoted Paul Hoffman to director from senior vice president. Prior to joining Dresner Partners, Hoffman worked for nine years at Bank of America Securities in Chicago. Hoffman has a B.A. in economics...
  • Bank of America reaches record $16.65B mortgage settlement

    CHARLOTTE, N.C. Bank of America will pay $16.65 billion in a settlement with the U.S. government and various states over soured mortgage bonds, under a landmark pact announced Thursday. The deal, which has been expected for weeks, calls for the...
  • Sears posts loss for 9th straight quarter as sales fall again

    (Reuters) - Sears Holdings Corp reported its ninth straight quarterly loss as sales continued to fall and the retailer said it might close more stores than planned this year. Shares of the company, which owns Sears department stores and the Kmart...
  • Exclusive: U.S. regulators step up warnings to banks for poor risk-spotting

    NEW YORK (Reuters) - U.S. regulators are sending some of the biggest global banks verbal warnings as they crack down on the firms' poor grasp of their own weaknesses, and push for rapid improvements in risk assessment, according to two sources familiar...
  • Defendant called 4 slayings 'just kills,' charging papers say

    SEATTLE A man already charged with two homicides in Seattle and a third in New Jersey was charged Wednesday with an additional count of aggravated first-degree murder in the April drive-by slaying of a Skyway, Wash., man. That makes a total of four...
  • Workday raises revenue forecast as software subscriptions jump

    (Reuters) - Workday Inc reported a better-than-expected 74 percent rise in quarterly revenue due to strong growth in subscriptions for its Web-based human resources and financial management software, and the company raised its full-year revenue forecast....
  • Brazil telecom battle heats up as Oi tries to buy, split TIM

    RIO DE JANEIRO/PARIS (Reuters) - Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by...