Bank of America News
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Some of the nation's largest banks distanced themselves from a cyberattack that hit J.P. Morgan Chase & Co., saying they had no indication they had been the victims of a similar incident.
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news.
Federal and state regulators have taken their pound of flesh from the nation's big banks, as the huge legal settlements with JPMorgan Chase, Citigroup and now Bank of America cut into earnings.
Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27 billion penalty.
Those who thought that last week's government bailout of Fannie Mae and Freddie Mac would stabilize the financial markets got a wakeup call this week.
A federal law enforcement official told the site that investigators think Russian hackers were behind the attacks.
From grocer Safeway Inc. to Australian mall owner Westfield Corp., companies are poised to fuel debt sales in the U.S. next month that Bank of America Corp. said may exceed $100 billion, keeping the market on pace for a third straight record year.
Goldman Sachs Group Inc. is extending its bond curve in Australia out to 2021, offering notes a day after Bank of America Corp. sold A$1.1 billion of securities due in March 2020.
Wells Fargo , Bank of America , Ocwen Loan Servicing , CitiMortgage and Quicken Loans all committed to the Obama Administration's new program to make it easier for active-duty servicemen and servicewoman to afford homes and help them save hundreds of dollars or more each year.
Community Builder or Divider? Homeownership's Pluses and Minuses The benefits of homeownership are often cited in policy debates, though it has some downsides.
Bank of America, which bought subprime loan leader Countrywide Financial in 2008, has paid more to regulators for mortgage misdeeds than all the other big banks combined, the latest tally shows.
Wells Fargo trading at 1.65 premium compared to book value, while Citigroup and Bank of America trading at a discount at 0.76.
Like the fact that former Charlotte Mayor Patrick Cannon took bribes to help a strip club owner when a light-rail line was slated to run through his property.
European stocks were little changed, following the biggest two-day advance since April.
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Bloomberg's Erik Schatzker discusses the Burger King acquisition of Tim Hortons and a possible sweetheart deal for Warren Buffett.
Updated: Fri Aug 29, 2014 02:47 am
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