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4 Mar 2010, 11:41 am by Securites Lawprof
Department of the Treasury announced today that it priced a secondary public offering of 150,375,940 warrants to purchase common stock of Bank of America Corporation (the "Company") at $8.35 per warrant and a secondary public offering of 121,792,790... [read post]
8 Oct 2010, 1:59 pm by malik11397
Bank of America halted all foreclosure throughout the United States. [read post]
3 Nov 2011, 2:41 pm by By DEALBOOK
Bank of America has developed a plan to issue nearly $3 billion in common stock to raise capital and reduce debt, reversing course after denying for months that it needed to sell new shares. [read post]
4 Dec 2009, 5:37 am
Bank of America sold more than $19 billion of equity on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its search for a new chief executive. [read post]
20 Aug 2014, 11:55 am by Associated Press
Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday. [read post]
18 Oct 2011, 4:37 am by By NELSON SCHWARTZ
Bank of America reported a $6.2 billion profit for the third quarter as gains from assets sales and positive accounting changes outweighed weaker results in its trading business and continued losses in its huge mortgage portfolio. [read post]
Law firms representing shareholders are fighting over a settlement in class-action lawsuits against the Bank of America board over its Merrill Lynch acquisition is adequate. [read post]
30 Aug 2011, 9:34 am by By DEALBOOK
Buffett, who has called for higher taxes on the rich, took aim at a Wall Street Journal editorial that called his Bank of America investment a "tax-avoidance triumph. [read post]
8 Nov 2010, 5:13 am by By DEALBOOK
Bank of America is running out of time to fulfill a promise to raise more capital by year-end and may be forced to make up the shortfall by paying some bonuses in stock rather than cash. [read post]
29 Oct 2012, 8:40 am by By PETER J. HENNING
Legal minutiae may give Bank of America a basis to fight the claims in a recent Justice Department lawsuit, which relies on two statutes for seeking penalties, the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act. [read post]
20 Sep 2011, 1:23 pm by By MICHAEL J. DE LA MERCED
The group, which included two managing directors, David Iwan and Egan Antill, comprised about 5 percent of Bank of America Merrill Lynch's industrials team. [read post]
13 Oct 2010, 10:01 am
MSNBC reported that Bank of America is the first bank to halt foreclosures nationwide, although PNC Financial Services Group Inc. and GMAC announced moratoriums that included Florida and many other states. [read post]
14 Jul 2011, 6:37 am by By MICHAEL J. DE LA MERCED
JPMorgan named Larry Slaughter, a senior European banker, as a new co-head of investment banking for North America. [read post]
25 Aug 2011, 6:12 pm by By BEN PROTESS and SUSANNE CRAIG
An investor seen as having the golden touch rejuvenates Bank of America's stock with his $5 billion vote of confidence. [read post]
12 Sep 2011, 5:16 pm by By KEVIN ROOSE
Bank of America relied on a team of consultants to come up with plans to eliminate 30,000 jobs and cut annual costs by $5 billion. [read post]
14 Jan 2011, 5:15 am
" Another day, another company going after Bank of America for the actions of Countrywide in creating mortgage backed securities. [read post]
30 Apr 2008, 12:10 pm
People who bank at Bank of America and who have credit cards through the same bank are having problems when they don't pay credit card payments. [read post]