Bank of America News
News on Bank of America (Ticker: BAC) continually updated from thousands of sources around the net.
2 hrs ago | KOLD-TV Tucson
Police records show that 163 arrests have been made in the Ferguson protest zone since the shooting death of 18-year-old Michael Brown, but just seven are residents of the St. Louis suburb.
4 hrs ago | USA Today
Bank of America has agreed to pay $16.65 billion to settle more than a dozen cases and investigations into its sales of risky, mortgage-backed securities to investors before the national financial crisis.
4 hrs ago | Forbes.com
I started covering markets at Forbes in the summer of 2007. Right around then a pair of Bear Stearns hedge funds imploded in the first tremors of the financial crisis, but I swear the recession isn't my fault.
4 hrs ago | Daily Kos
Well, this is just more of the same. Shareholders and customers pay the tab for greed and incompetence--and the Administration goes along.
6 hrs ago | Seeking Alpha
Economy After a year-long blockade, Libya has restarted oil exports from its largest port, resolving some mistrust between rebel leaders and the government.
JPMorgan Chase & Co and Bank of America Corp are planning to hike salaries of junior employees by at least 20 percent, people familiar with the proceedings said.
The U.S. attorney's office in Los Angeles is preparing a lawsuit against Angelo Mozilo, the former chief executive of mortgage lender Countrywide Financial Corp, and up to 10 other employees, Bloomberg reported, citing two people with knowledge of the matter.
According to The Wall Street Journal, Bank of America has reached an agreement to pay $17 billion to resolve claims over the toxic residential mortgage-backed securities the lender issued prior to the financial crisis.
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Terms of the settlement with Complex Systems Inc were not disclosed. But RBS in a statement said the deal would allow it to use the company's BankTrade software and continue processing trade finance transactions across all of its legal entities.
HomeTrust Bancshares, Inc. , today announced that its banking subsidiary, HomeTrust Bank, has reached a settlement of a trademark dispute with Roanoke, Virginia based HomeTown Bank.
Bank of China Limited is severely undervalued, despite very good financial results compared to major U.S. banks like Wells Fargo and Bank of America.
Bank of America granted a $16.83 million construction loan to build an Audi dealership in Fort Lauderdale.
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
The news has been good for Bank of America lately, as it announced its first dividend increase in seven years and plans to settle with the Justice Department.
The US markets are higher in early afternoon trading, with the Dow up 1.02%, the S&P higher by 0.81% and the Nasdaq up 0.91%.
Updated: Thu Aug 21, 2014 10:16 am
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