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Bank of America Corp.

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Top Bank of America Corp. Articles

Displaying items 56-66
  • 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...
  • JPMorgan, BofA to raise junior banker pay by 20 percent: sources

    NEW YORK (Reuters) - JPMorgan Chase & Co and Bank of America Corp are planning to hike salaries of junior employees by at least 20 percent, people familiar with the proceedings said. JPMorgan executives are determined to pay competitively with other...
  • Gloucester weekly crime log

    On George Washington Memorial Highway A traffic stop on Aug. 17 at 3:06 p.m. in the area of Town & Country Center resulted in Andrew Allen Ash, Jr., 27, of Hayes, being charged with violating a restricted license and expired state registration. In the...
  • BofA to pay $16.65 billion over soured home loans in mortgage meltdown

    Bank of America Corp. will pay a record $16.65 billion to resolve government claims over soured home loans in what is probably the last major settlement stemming from the mortgage meltdown. The deal also largely closes the chapter on the bank's...
  • BofA admits to post-crisis mortgage failures as part of settlement

    NEW YORK (Reuters) - Bank of America Corp has long argued to enforcement officials that it was being forced to pay for the sins of companies it acquired in the crisis, but on Thursday the bank admitted at least some of its mortgage problems happened on...
  • Britain's EU exit could lead to banking exodus: Financial Times

    (Reuters) - Some Wall Street banks are drawing up preliminary plans that include moving some of their London-based operations to Ireland to deal with the possible scenario of Britain leaving the European Union, the Financial Times reported on Sunday,...
  • In training for Chicago race, Bekele a thoroughly modern marathoner

    In training for Chicago race, Bekele a thoroughly modern marathoner
    If a man sets a goal of breaking the course record in his first run over a marathon course, it would be wise for him to learn about the terrain before the starting gun sounds. That is exactly what Ethiopia’s Kenenisa Bekele is doing as he prepares...
  • A Hancock Park home with executive roots

    A Hancock Park home with executive roots
    This restored Spanish Colonial Revival listed for sale in Hancock Park for $7.995 million has historical ties to both the film and banking industries. The home was originally commissioned by M.C. Levee, a prop man turned studio executive and financier,...
  • Historic Pasadena hotel gets $60-million makeover

    Historic Pasadena hotel gets $60-million makeover
    A historic hotel in downtown Pasadena that served as sedate senior housing for decades is about to make a splashy comeback. The $60-million makeover of Hotel Constance reflects Pasadena's rising profile as an international travel destination. As part of...
  • READER SUBMITTED: Bank Of America Provides Internships

    Michael Edwards, Eva Maher, Zak Sayah, recent graduates of the Classical Magnet School, Angelica Torres-Maldonado, a recent graduate of The Greater Hartford Academy of the Arts and Makeda Barr-Brown, a rising senior at the Sport and Medical Sciences...
  • Regulators pushing banks to rid casinos of money-laundering

    NEW YORK (Reuters) - Large global banks are facing increased pressure from U.S. regulators to clamp down on casino money-laundering as the government pushes the industry to police not only its own transactions but customers' as well.     Bankers,...