Bank of America News
News on Bank of America (Ticker: BAC) continually updated from thousands of sources around the net.
18 hrs ago | Seeking Alpha
Every Bank of America investor dreams of the day when litigation fees and legacy issues subside to unlock the bank's true earnings power.
20 hrs ago | Mortgage News Daily
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.
Yesterday | The Washington Post
Corporate treasurers say a crackdown on money-market funds threatens to squeeze their access to the short-term financing they use for everything from paying the rent to meeting their payrolls.
Yesterday | Bloomberg
Chinese President Xi Jinping's anti-corruption drive has breached the highest ranks of power.
Wall Street banks face heightened scrutiny from the Commodity Futures Trading Commission over their latest tactic to escape U.S. trading rules for overseas derivatives.
The S&P 500 Index moved fractionally higher to 1,970.07, while the Dow Jones Industrial Average fell 31.75 points or 0.19% to 16,880.36.
Eight Reasons the Housing Recovery's Been So Slow From tight credit conditions to empty nesters, here is a litany of problems weighing on the housing market, as summarized in the minutes of last month's Federal Reserve policy meeting.
Cousins Properties is under contract to purchase the Fifth Third Center office tower in uptown Charlotte for a record-setting number.
U.S. District Judge Jed Rakoff in Manhattan ruled nine months after jurors found Bank of America and former Countrywide executive Rebecca Mairone liable for defrauding government-controlled mortgage companies Fannie Mae , and used her maiden name of Rebecca Steele.
The decision comes nine months after the jury found Bank of America and former Countrywide executive Rebecca Mairone liable for defrauding Fannie Mae and Freddie Mac via bad Countrywide loans in 2007 and 2008.
Already found guilty after a trial, Bank of America Corp. is now being ordered to pay a $1.3 billion fine as its penalty in a civil mortgage fraud case, according to Bloomberg.
'Preferred Rewards is the first program of its kind to offer clients benefits and rewards for everyday banking,' said .
International lenders to VTB Group are waiting for details on European Union sanctions on Russia before deciding to approve a $1.5 billion loan to the bank, according to three people with knowledge of the matter.
Despite already offering $13 billion to end the government's mortgage securities probe, the Department of Justice is demanding billions of more from Bank of America for the dealings of Countrywide Financial Corp. and Merrill Lynch & Co.
Deutsche Bank AG, Europe's biggest investment bank, surprised analysts by reporting revenue from debt trading that beat four out of five U.S. peers and helped boost pretax profit 16 percent.
Precedent was thrown out the window and Citi was fined three to four times what its competitors were on a relative basis.
Updated: Thu Jul 31, 2014 03:28 pm
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