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8 Jun 2009, 3:41 am
With a deadline looming in the bank bailout program, Washington regulators are pressing unwelcome prescriptions on Bank of America and Citigroup. [read post]
16 Sep 2008, 9:24 am
(Click here for Bank of America's press release.)The settlement calls for Bank of America to buy back $4.5B in ARS from retail customers, as well as small business and charities with account sizes below $10 million and $25 million respectively. [read post]
16 Sep 2011, 10:58 am
Bank of America and the whistleblower may appeal the decision by the U.S. [read post]
Bank of America Does Not Look Too Bad After All: Illinois Governor Tries to Sell Obama's Senate Seat
9 Dec 2008, 4:20 pm
Yesterday, Illinois Senator Rob Blagojevich threatened to ban Bank of America from conducting business with the State of Illinois unless it reinstated credit for Republic Windows and Doors, an insolvent company at the center of a labor dispute. [read post]
14 Jun 2009, 1:28 am
In Massachusetts, Jeffrey Gautreaux, a former Bank of America teller, has been charged with two counts of aggravated identity theft, 17 counts of bank fraud, and one count of access device fraud. [read post]
2 Mar 2012, 12:43 pm
The consumer advocacy group Public Citizen again calls for the bank to be broken up into smaller, less systematically important pieces. [read post]
4 Apr 2012, 5:00 am
Bank of America, no. [read post]
27 Aug 2012, 7:36 am
A blog reader sent me an email about his Bank of America joint checking account which he and his wife opened many years ago. [read post]
17 Nov 2010, 12:20 pm
Bank of America, no. [read post]
21 Feb 2010, 12:10 pm
No good deed goes unpunished, suggest the editorialists at the Washington Post of an aggressive enforcement action by New York attorney general Andrew Cuomo over the bank’s Merrill Lynch deal. [read post]
10 Sep 2008, 5:25 pm
" Bank of America's settlement with Massachusetts leaves open various questions. [read post]
13 May 2013, 12:18 pm
The agreement also affected other MBIA-issued policies insuring Bank of America’s credit default swaps, and grants Bank of America warrants to purchase approximately 10 million shares of MBIA common stock. [read post]
4 Mar 2013, 8:39 am
Bank of America disclosed that it is providing documents and testimony to the New York Attorney General and the SEC in full cooperation with both investigations. [read post]
13 Jul 2012, 8:49 am
BofA’s About Face on Global Resolutions In previous posts, we highlighted our concerns related to Bank of America’s “repurchase” demands asserted against residential mortgage loan originators. [read post]
17 Jul 2009, 7:53 am
Floyd Norris comments on the earnings announcements and conference calls by Bank of America and Citigroup. [read post]
7 Jul 2009, 7:08 am
The cloutmongering Service Employees International Union wants to represent tens of thousands of tellers and office workers at Bank of America. [read post]
30 Jun 2011, 1:18 am
Moynihan is putting to rest the Countrywide issues he inherited, and is poised to put Bank of America on a new course, Reuters Breakingviews writes. [read post]
12 Jun 2012, 11:55 am
If you live in Northern California and you are having problems with your loan, there may be assistance for you through the $25 billion settlement obtained with Bank of America Corp, JP Morgan Chase & Co., Wells Fargo & Co, Citigroup Inc. and Ally Financial Inc. [read post]
12 Jul 2012, 11:02 am
[JURIST] A judge for the US District Court for the Southern District of New York (SDNY) [official website] on Wednesday rejected a motion by Bank of America (BOA) [corporate website] to dismiss a shareholder lawsuit alleging BOA's purposeful concealment of the bank's exposure to billions of dollars in loan repurchase claims and its problematic reliance on an electronic loan registry. [read post]
13 Feb 2007, 1:40 pm
MIRIAM JORDAN and VALERIE BAUERLEIN have an interesting article in the Wall St Journal (Feb. 13 here) about a decision by the Bank of America, in the latest sign of the U.S. banking industry's aggressive pursuit of the Hispanic market,... [read post]
