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Banking

A collection of news and information related to Banking published by this site and its partners.

Top Banking Articles

Displaying items 12-22
  • Florida to get $1 billion from Bank of America settlement

    Florida to get $1 billion from Bank of America settlement
    Nearly 17,000 Floridians will receive more than $1 billion in relief as part of a record-setting national settlement with Bank of America, the Florida Attorney General's Office announced Thursday. Bank of America Corp. agreed to pay $16.65 billion to...
  • It’s a Small World opens at Disneyland

     
    Walt Disney pours water from canteen into a channel through new Disneyland attraction, "It's a Small World."...
  • Bank of America settles mortgage probes for $16.65 billion

    WASHINGTON/NEW YORK (Reuters) - Bank of America Corp reached a record $16.65 billion settlement with the U.S. government to settle charges that it and companies it bought misled investors into buying troubled mortgage-backed securities, helping the bank...
  • Bank of America to pay record $16.65 billion to settle mortgage claims

    Bank of America to pay record $16.65 billion to settle mortgage claims
    Bank of America Corp. has agreed to pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing boom, the largest settlement by a single company in U.S. history, the Justice...
  • Illinois will receive $300 million in Bank of America settlement

    Illinois will receive $300 million in Bank of America settlement
    Bank of America and the Justice Department have reached a record settlement of almost $17 billion to end a long-running probe into the marketing and sale of toxic mortgage securities by the bank and particularly its Countrywide Financial and Merrill Lynch...
  • 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...
  • BofA in $16.5 billion deal with U.S. over mortgage bonds: source

    BofA in $16.5 billion deal with U.S. over mortgage bonds: source
    WASHINGTON (Reuters) - Bank of America Corp is expected to pay more than $16.5 billion to end investigations into mortgage securities that the bank and its units sold in the run-up to the financial crisis, in a deal that could be announced as early as...
  • Bank of America settles mortgage fraud case for $16.65 billion

    WASHINGTON The Justice Department on Thursday announced a $16.65 billion settlement with Bank of America, a record-setting deal that helps homeowners and ends myriad state and federal investigations triggered by the nation's mortgage meltdown. The...
  • Hires and promotions at Lehigh Valley businesses

    JOHN ARRINGTON has been selected as the executive vice president and Nittany Region president of National Penn Bancshares Inc. He will serve on different operating committees and is responsible for executive management in Centre County, such as...