Bank of America News
News on Bank of America (Ticker: BAC) continually updated from thousands of sources around the net.
41 min ago | Creative Loafing
As if we need another reminder of the increasing wealth gap, the AFL-CIO released some figures this week that show the average CEO of a North Carolina-based company made about $4 million in 2013, 108 times more than the average worker, who took home about $38,985.
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4 hrs ago | Triple Pundit
Women are making leaps and bounds in the business world. Whether they are benefitting their employers by sales forecasting, overcoming roadblocks in volunteerism or leading their organizations to greatness as CEOs, they are finally being recognized by companies nationwide.
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Twenty-four hours after Charlotte-based Bank of America reported a $514 million net loss for shareholders, investors, analysts and journalists have come to a conclusion: Maybe we were too rosy about BofA's prospects.
Kate Berry at American Banker has a great scoop on Ginnie Mae halting the transfer of MSRs from Bank of America .
The 2014 Q1 earnings season has gotten off to a relatively soft start. Low expectations essentially guarantee that we are unlikely to get any major negative surprises.
Among the critics on Wall Street were RBC and Deutsche Bank, which both slashed their price targets by $40 to $670 and $625, respectively.
Here's a switch: The bankers are all of a sudden doing worse than the butchers, the bakers, and the candlestick makers.
Bank of America's Brian Moynihan is the highest-paid CEO of a public company in North Carolina, according to the AFL-CIO's list.
Good day, everyone, and welcome to today's program. It is now my pleasure to turn the conference over to Mr. Lee McEntire.
Bank of America Corp 's mortgage pain is lasting longer than expected, leading some investors to wonder if the massive expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.
Following the market opening Wednesday, the Dow traded up 0.65 percent to 16,368.05 while the NASDAQ jumped 0.60 percent to 4,058.49.
Bank of America reported earnings this morning and the greeting from investors has been quite rude.
CHICAGO, April 16 Bank of America Corporation's stated first quarter 2014 earnings swung to a net loss applicable to common shareholders of $514 million due to significant litigation charges incurred in the quarter, according to Fitch Ratings.
Yahoo! Inc. shares jumped Wednesday after the Internet giant's earnings report showed revenue growth for the first time in more than a year.
Bank of America Corp posted a first-quarter loss as the No. 2 U.S. bank recorded $6 billion in litigation expenses related to a settlement with the Federal Housing Finance Agency and other mortgage-related matters.
In this Nov. 25, 2008 file photo, pedestrians walk through New York's Times Square under a glowing Bank of America marquee.