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13 May 2013, 12:24 pm by Editorial Board
(AIG) to proceed with several of its claims against Bank of America and related entities arising from AIG’s purchase of Countrywide-issued RMBS. [read post]
17 Aug 2009, 6:04 am
Only Bank of America Corp. and Wells Fargo & Co. were larger. [read post]
8 Oct 2010, 2:30 am
Within the last two weeks, GMAC Mortgage, JPMorgan Chase and Bank of America have all admitted that a few of their employees signed and verified thousands of documents a month that were not even read. [read post]
23 Sep 2014, 12:24 pm by D. Daxton White
According to InvestmentNews, Bank of America Merrill Lynch asked two veteran advisors, James Goetz and Stephen Brown, to resign for allegedly recommending clients invest outside the firm. [read post]
5 Dec 2008, 4:36 pm
US officials suspect Marri was sent to America by Osama bin Laden to carry out a second wave of terror attacks after the 9/11 attacks. [read post]
2 Oct 2009, 8:19 pm by Brian Fredericks
According to a September 29th article from Reuters, the United States Equal Employment Opportunity Commission (EEOC) has filed suit against America's second biggest bank, J.P Morgan Chase & Company, for allegedly perpetrating both sexual harassment and retaliation against female employees who complained about the abuse. [read post]
22 May 2012, 9:14 am
Last week lawyers representing Goldman Sachs and Bank of America/Merrill Lynch inadvertently released embarrassing documents detailing unethical trading practices and complete disregard for the interests of smaller clients (See “Accidentally Released – and Incredibly Embarrassing – Documents Show How Goldman et al Engaged in ‘Naked Short Selling,’” Matt Taibbi, Rolling Stone and “Goldman, Merrill E-Mails Show Naked Shorting, Filing… [read post]
1 Apr 2015, 4:39 am by Kevin LaCroix
  Although the banking institutions mentioned by name — such as Goldman Sachs, Bank of America, J.P Morgan, and GE Capital – are among the world’s largest financial institutions, the article also emphasizes that “directors at smaller banks are also being pressed, including on how much they understand and the kinds of loans banks are making and the associated risks. [read post]
9 Feb 2012, 12:01 pm by Adam Levitin
  This shouldn’t be a surprise—the state Attorneys General previously cut a similar deal with Bank of America, which promised to make up for its wrongdoing by modifying loans own by other parties. [read post]
21 Dec 2015, 12:25 pm
              DOBRUNA stole, bought, sold and traded information from accounts at (a) banks such as Citibank, Teacher's Federal Credit Union, Bank of America and JPMorgan Chase, the deposits of all of which were insured by the Federal Deposit Insurance Corporation (collectively, the `Banks’), and (b) debit and credit card processing companies such as Visa, Mastercard, Discover and American… [read post]
17 Sep 2017, 2:57 pm by Wolfgang Demino
 Bank of America was in the business of originating private student loans itself, including loans pooled into Trust 2007-4 (See BANA Pool Supplements EX-99.29 and EX-99.30 here). [read post]
8 Oct 2011, 2:00 am by LindaMBeale
   Second, repatriated funds aren't "locked out" overseas--they may be sitting in U.S. bank accounts in the foreign affiliate's name, or sitting in U.S. investments in the foreign affiliate's name. [read post]
6 Feb 2012, 11:13 am by Attorney Goldstein
  Let’s say for example you pay Bank of America, Citi Mortgage or some other lender. [read post]
2 Apr 2020, 9:12 am by Tom Smith
There are no parallels for the pandemic fueled slowdown that the U.S. economy is currently contending with, and that is forcing economists like those of Bank of America Global Research to forecast a decidedly grimmer outlook for the American economy than they offered just two weeks ago. [read post]
2 Dec 2011, 3:09 pm
Yesterday, December 1, Massachusetts Attorney General Martha Coakley filed a lawsuit against Bank of America, JPMorgan Chase, Wells Fargo, Citibank, Ally Financial and the Mortgage Electronic Registration System. [read post]
31 Mar 2014, 9:30 pm by Jean Braucher
Supreme Court has denied a petition for writ of certiorari in Bank of America v. [read post]
24 Sep 2019, 12:05 pm by Nassiri Law
The same year as the Wells Fargo verdict, Bank of America was slapped with a class action lawsuit alleging it misclassified salaried workers so that they would be exempt from receiving overtime hours for any worked in excess of 40 weekly. [read post]
6 Oct 2010, 9:15 am
Employees of Bank of America, JP Morgan Chase, and GMAC have all testified that they signed many thousands of affidavits a month, spending about 30 seconds on each affidavit, and that they hadn't a clue regarding the veracity of the affidavit or documents in question. [read post]