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5 Nov 2013, 7:22 am by Page Pate
Copyrighted Material by The Pate Law FirmA former bank teller at Bank of America, acquitted on criminal theft charges, reached a $600,000 settlement with the bank last month in her lawsuit for malicious prosecution. [read post]
10 Mar 2010, 11:44 am by doug
The Bank of America has announced that it will soon stop permitting its customers to make overdrafts on their debit cards. [read post]
22 Nov 2011, 12:45 pm by mikedavidson
Bank of America is only the first of about 35 bank named in the class-action litigation, including JPMorgan Chase, Citigroup, Wells Fargo and San Francisco-based Union Bank. [read post]
9 Oct 2011, 7:12 am by Brian Wolfman
We've blogged here and here about Bank of America's decision to charge five bucks a month for the privilege of using its debit card. [read post]
19 Jan 2011, 10:51 am by Danny Jacobs
’s last three partners to pay a $270,000 confessed judgment filed against them by Bank of America. [read post]
19 Jan 2011, 10:51 am by Danny Jacobs
’s last three partners to pay a $270,000 confessed judgment filed against them by Bank of America. [read post]
24 Mar 2008, 3:52 am
Bank of America, the largest U.S. retail bank, may set aside a record $6.5 billion in the first quarter to cover possible future loan losses, including in its mortgage and home equity portfolios, according to a banking analyst. [read post]
25 Mar 2009, 5:33 pm
Moody's Investors Service on Wednesday cut the debt ratings of Bank of America and sent its rating of the bank's preferred stock into junk territory, citing an increasing risk that government intervention may be needed to bolster the bank's capital position. [read post]
13 Feb 2007, 9:59 am
The program was tested by Bank of AMerica last year at 5 bank branches in Los Angeles, and is now expanded to 51 branches in the area. [read post]
15 May 2011, 7:25 pm
Bank of America's practices along with other banks have been the subject of negotiations this week with various state and federal agencies. [read post]
7 Jun 2010, 2:11 pm
The workers are seeking punitive and compensatory damages, other remedies, and are asking Bank of America to stop the alleged illegal conduct. [read post]
9 Jun 2009, 2:13 pm
The state will also receive $9.7 billion in penalties from Bank of America as part of a multi-state probe of the auction rate securities market. [read post]
13 Feb 2012, 4:49 pm
Bank of America's fraudulent lending practices centered on a scheme in which Bank of America, through Countrywide (which Bank of America acquired in 2008), knowingly made loans insured by the Federal Housing Administration (FHA) to unqualified home buyers. [read post]
16 Mar 2010, 7:31 pm by Kevin Funnell
Sooner or later, Bank of America is going to have to get its "stuff" together. [read post]
11 Jul 2023, 8:32 am by Associated Press
Bank of America must reimburse customers more than $100 million and pay $150 million in fines. [read post]
21 Aug 2014, 1:30 pm by Paul Caron
Wall Street Journal, BofA Could See $4 Billion in Tax Savings From $16.65 Billion Settlement; Parts of Settlement Reached Over Soured Mortgage Securities Will Be Tax Deductible: Bank of America will pay roughly $4 billion less to the government after-tax than the $16.65 billion it agreed to in a settlement... [read post]
15 Apr 2011, 6:25 pm by By BEN PROTESS
The 37 percent decline in Bank of America's earnings reflects the persistent burden of Countrywide Financial, the subprime mortgage lender it bought in 2008. [read post]