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Bank of America Corp.

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Top Bank of America Corp. Articles

Displaying items 89-99
  • An Urban Oasis At Wickham Park

    An Urban Oasis At Wickham Park
    I didn’t have to spend much time in Wickham Park to get a sense of the culture there.  I arrived with Dave Mourad, a friend who joined me on the East Hartford leg, and we found several groups playing rounds on the 18-hole disc golf course that...
  • READER SUBMITTED: Middletown Motorcycle Mania

    Chairman Richard Carella of the Middlesex County Chamber of Commerce announced that the 9th annual Middletown Motorcycle Mania, presented by Hunter Limousines, Hunter's Ambulance and the Hunter Family, will be held on Wednesday, Aug. 13, on Main St. in...
  • BofA said to agree to pay up to $17 billion in settlement

    Bank of America has agreed in principle to pay between $16 billion and $17 billion to settle with the U.S. Justice Department over the sale of faulty mortgage bonds, a person familiar with the talks said Wednesday. The news came the same day the bank...
  • Nearly 20% of home equity loans face higher default risk, report says

    Nearly 20% of home equity loans face higher default risk, report says
    As much as $79 billion in home equity lines of credit are at heightened risk for default in coming years as Americans face a day of reckoning on their boom-era second mortgages, a new study found. Many home owners who took out so-called HELOCs during...
  • BofA agrees to pay $17-billion penalty over mortgage meltdown

    BofA agrees to pay $17-billion penalty over mortgage meltdown
    Bank of America Corp. has agreed to fork over nearly $17 billion to settle government claims over toxic mortgage securities that helped trigger the Great Recession, according to people close to the negotiations with the Justice Department. The agreement...
  • Bank of America wins Fed OK to raise stock dividend to 5 cents

    Bank of America has won approval from the Federal Reserve to raise its quarterly common stock dividend to 5 cents per share after it postponed the same plan earlier this year because it miscalculated its capital ratios. On Wednesday, the Fed said it...
  • It may be too early to give up on the bull market in equities

    NEW YORK/LONDON (Reuters) - Investors fretting about the possibility of a big reversal in global stock markets may just want to borrow a slogan from the British - and just keep calm and carry on. It won't be easy given the background noise. Fears of a...
  • Manager who wore fake bomb to pull off bank heist gets 9 years

    Manager who wore fake bomb to pull off bank heist gets 9 years
    A woman who conspired with her boyfriend in 2012 to steal $565,500 from the East L.A. bank where she worked by strapping a fake bomb to herself to simulate a kidnapping was sentenced Wednesday to nine years in federal prison, federal prosecutors said....
  • Economy, hiring up in July, but flat wage growth dampens cheer

    WASHINGTON July marked a sixth straight month with 200,000-plus jobs growth, the government said Friday, cementing the view of a firming U.S. economic recovery. Deeper within the numbers, however, was an explanation for why many Americans still don't feel...
  • U.S. economy grows at scorching 4 percent in 2nd quarter

    WASHINGTON The much-stronger-than-expected 4 percent rate of annual U.S. economic growth from April through June, reported Wednesday by the Commerce Department, put to rest fears that the U.S. economy was slipping into low gear. Offsetting a dismal start...
  • County Judge candidates Terry Neal and Daniel Archer are a study in contrasts

    County Judge candidates Terry Neal and Daniel Archer are a study in contrasts
    Second of two parts. Choosing a county judge is a task that leaves most voters flailing in the dark, and the August election is going to require even more scrutiny than usual from voters because of behind-the-scenes maneuvering. A group of mostly...