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15 Oct 2012, 11:48 am
Here's what's happening, according to a recent investigation by The New York Times: Back in February, five of the country's top five banks - JP Morgan Chase, Bank of America, Ally Financial, Wells Fargo and Citibank - all agreed to settle allegations of wrongdoing over their past mortgage practices. [read post]
16 Apr 2023, 1:47 pm
Is it any wonder, then, that nations such as France, India, Saudi Arabia, Japan, Mexico, Brazil and others are suddenly hedging their bets by looking beyond the United States of America for partnerships and stability? [read post]
16 Dec 2009, 11:06 am
“Space-based observations are an essential element of climate monitoring in Latin America and a complement to ground-based stations,” said Walter Vergara, Lead Engineer-Latin America Environment Department at the World Bank. [read post]
2 Jul 2010, 6:11 am
A few weeks ago, as Katie Porter noted in a recent post, Bank of America (BOA) reached a settlement with the Federal Trade Commission with respect to certain mortgage overcharges, including overcharges in bankruptcy, on mortgages formerly serviced by Countrywide Mortgage. [read post]
13 Aug 2012, 12:45 pm
JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and Ally Financial have been accused of misrepresenting the value of mortgage-backed bonds sold to Colonial Bank between 2005 and 2008. [read post]
10 May 2012, 9:00 pm
Recovering from bankruptcy in America is a process. [read post]
4 Jun 2011, 7:30 pm
Bank of America has agreed to a $20 million settlement for wrongfully foreclosing on 160 service members without checking on their military status. [read post]
10 Jun 2011, 1:12 pm
The 2011 edition of Chambers USA: America’s Leading Lawyers for Business was released today, and Dickinson, Mackaman, Tyler & Hagen, P.C. received high rankings from Chambers in the Corporate/M&A: Banking & Finance area. [read post]
WHAT COULD GO WRONG? So America has a President Goldman Sachs, Italy has a Prime Minister Goldman S…
13 Nov 2011, 8:56 pm
So America has a President Goldman Sachs, Italy has a Prime Minister Goldman Sachs, and the European Central Bank will now be headed by a former Goldman Sachs banker. [read post]
27 Aug 2024, 10:41 am
Flagstar Bank, FSB (Kivett II) in which it essentially re-affirmed its earlier panel opinion holding that there is no preemption of a California state law which requires the payment of 2% interest on residential mortgage escrow accounts.... [read post]
13 Aug 2009, 2:35 pm
This afternoon, I was preparing my Syllabus for Fall 2009 Banking Law and had occasion to consult my "Cambridge in America" wall calendar. [read post]
16 Feb 2010, 3:55 pm
According to the report, more than 30,000 Wall Street jobs were lost over the past two and one-half years, but now firms like Bank of America... [read post]
20 Nov 2009, 5:32 am
Bank of America's General Counsel Tmothy Mayopoulos was summarily dismissed "just one day after he learned of bigger than expected at Merrill [Lynch, which was acquired by BofA, which allegedly failed to disclose to BofA... [read post]
31 Mar 2018, 9:26 pm
Subject: Bank of America pays $42 million fine in New York ‘masking’ probe Source: Reuters https://www.reuters.com/article/us-bankofamerica-new-york-settlement/bank-of-america-pays-42-million-fine-in-new-york-masking-probe-idUSKBN1GZ27H NEW YORK (Reuters) – Bank of America Corp (BAC.N) will pay a $42 million fine and admitted wrongdoing to settle claims by New York’s attorney general that it fraudulently routed… [read post]
1 Feb 2011, 5:20 am
Bank of America, US Bank and other banks have indicated they plan to implement fees and limitations in connection with the use of debit cards.Bank of America Corp., the biggest debit-card issuer, said earlier this month that it will begin charging retail customers checking-account fees unless they maintain minimum balances, make regular deposits, use credit cards or take advantage of online services.U.S. [read post]
8 Oct 2010, 6:54 am
Several years ago, I read Barbara Ehrenreich’s Nickel and Dimed where she went undercover to assess how society’s lowest strata tries to get by in America by working at poverty wage jobs. [read post]
4 Nov 2009, 8:14 pm
Plaintiffs in Class Action Challenging Late Fees Imposed on Credit Card Accounts and Contesting Enforceability of Arbitration Clause that Includes a Class Action Waiver were Entitled to Conduct Limited Discovery to Support Claim that Class Action Waiver was Unconscionable Rhode Island Federal Court Holds Plaintiffs filed a putative class action against Bank of America alleging violations of the federal Truth in Lending Act (TILA) and breach of credit card agreements based on the… [read post]
25 Mar 2012, 8:20 pm
At some point, some serious shareholders should be wondering why they couldn't do better with stock in a dozen parts of Citi or JPMorgan or Bank of America rather than just one risky bet on a loaded bomb. [read post]
25 Mar 2012, 8:20 pm
At some point, some serious shareholders should be wondering why they couldn't do better with stock in a dozen parts of Citi or JPMorgan or Bank of America rather than just one risky bet on a loaded bomb. [read post]
30 Nov 2022, 5:16 am
The BIS’s own data from 2020 show that correspondent banking networks have been shrinking and getting more concentrated, particularly outside of North America. [read post]
