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7 Oct 2008, 12:06 pm
Bank of America, citing "recessionary conditions," halved its dividend on Monday and said it would sell at least $10 billion in new common stock to bolster its capital to offset rising loan losses. he largest U.S. bank, which has worried some investors over the past year with big ticket takeovers of mortgage lender Countrywide Financial and [...] [read post]
19 May 2017, 7:27 am by Daily Record Staff
(collectively “Saxon”), and Deutsche Bank Trust Company Americas (“Deutsche Bank”), appellees. [read post]
Bank of America, N.A., and remanded it back to the Second Circuit and instructed the appellate court to analyze whether New York’s law requiring interest to be paid on mortgage escrow accounts is preempted under the Dodd-Frank Act by applying the Barnett Bank standard.... [read post]
6 Oct 2010, 10:02 am
Bank of America filed a foreclosure action, seeking the foreclosure of a "prime/traditional/conventional loan," but asserted that a pre-foreclosure notice was sent to the home-owner in compliance with the rules governing subprime loans. [read post]
22 Sep 2008, 12:09 pm
Morgan Chase, Wells Fargo, Bank of America, HSBC and Banco Santander [...] [read post]
21 Apr 2008, 9:43 am
Bank of America’s chief executive, Kenneth D. [read post]
12 Dec 2007, 7:30 am
Kenneth Lewis says Bank of America’s fourth quarter is going to be grim. [read post]
25 Aug 2011, 11:05 am by By KEVIN ROOSE
Buffett's Bank of America investment and estimates that the bank's implied stock price in the $5 billion deal was $5.28 per share, more than $2 lower than where it currently trades. [read post]
25 Feb 2006, 11:25 am
Today I read an article in the Arizona Republic about the risk of identity theft and the possible compromise of bank account information by various Bank of America account holders. [read post]
4 Feb 2008, 4:53 am
Consumer groups in four states are asking congressional banking committees to conduct hearings on Bank of America’s proposed $4.1 billion buyout of struggling mortgage lender Countrywide Financial. [read post]
8 Jan 2009, 3:32 pm
The move was the latest in a series of high-level departures from Merrill following its acquisition by Bank of America, and it may not be [...] [read post]
15 Jan 2009, 8:36 am
But its big banking rivals, Citigroup and Bank of America, have only more bad news to contend with, which is weighing down on their stock prices. [read post]
12 Jan 2014, 11:04 am by Elizabeth LaForgia
The subpoenas were served in 2010 on Bank of America [corporate website] and Banco de la Nacion Argentina [corporate website, in Spanish], and sought documents... [read post]
21 Jul 2008, 12:57 pm
Bank of America on Monday reported a 44 percent drop in second-quarter earnings as real-estate-related losses overwhelmed record revenue across its businesses. [read post]
23 Apr 2009, 10:12 am
The head of Bank of America changed his mind about trying to pull out of its deal to buy Merrill Lynch after the Treasury secretary at the time suggested the bank's management and board could be removed it that happened, Andrew M. [read post]
3 Aug 2007, 12:25 pm
In another executive shuffle at UBS, the Swiss bank’s Latin America chief will become its new head of global fixed-income sales and trading. [read post]
27 Mar 2008, 4:53 am
The analyst issued her forecasts late Wednesday, after bank shares tumbled following her decision a day earlier to slash estimates for Citigroup, Bank of America, [...] [read post]
6 Jan 2009, 2:38 pm
Bank of America has named Dan Sontag to head Merrill Lynch Global Wealth Management, its retail brokerage unit, according to an internal memo. [read post]