Search for: "Bank of America, Corp"
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15 Sep 2008, 3:06 pm
The United States' largest bank, Bank of America Corp., has agreed to acquire Merrill Lynch for approximately $50 billion. [read post]
25 May 2011, 9:36 am
Press Release HARTFORD –Attorney General George Jepsen said Wednesday that Bank of America Corp. needs to devote more resources to help Connecticut borrowers having trouble paying their mortgages or seeking loan modifications. [read post]
7 Mar 2014, 5:30 pm
Bank of America bought Countrywide Financial Corp. in July 2008, just before the financial crisis. [read post]
7 Jan 2013, 5:30 pm
Bank of America bought Countrywide Financial Corp. in July 2008, just before the financial crisis. [read post]
21 Sep 2016, 12:40 pm
Bank of America Corp. and a former managing director agreed to settle a lawsuit in which she accused the institution of being a “bros club” that favored male employees. [read post]
29 Dec 2015, 1:51 pm
(Bloomberg) — Bank of America Corp. will post a $600 million pretax writedown in the fourth quarter as it redeems $2 billion of trust preferred securities tied to its 2009 acquisition of Merrill Lynch. [read post]
21 Sep 2011, 10:09 am
Not much of a surprise here - Moody's Investors Service has lowered Bank of America Corp.'s debt ratings, saying it is now less likely that the U.S. government would step in and prevent the lender from failing in a crisis.Still watching for the Merrill spinoff........Moody's lowers BofA's debt ratings, shares tumble [read post]
17 Mar 2004, 6:39 am
In Wednesday's corporations and securities law news, FleetBoston Financial Corp. and Bank of America Corp. shareholders approved a $47 billion merger that would create the nation's No. 3 bank. [read post]
28 Sep 2011, 12:33 pm
A Bank of America employee will collect $930,000 from his former employer, Bank of America, for being fired in violation of the whistleblower protections. [read post]
5 Aug 2009, 8:45 pm
Rulings like these will be good news for America: A judge Wednesday balked at signing off on a $33 million proposed settlement between the Securities and Exchange Commission and Bank of America Corp. over executive bonuses.Bank of America on Monday agreed to pay the penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its executives.In seeking approval to buy Merrill,… [read post]
21 May 2010, 5:00 am
Bank of America Corp. [read post]
16 Aug 2007, 6:19 am
The latest is the news that JP Morgan Chase and Bank of America, together with two private equity firms, have struck a deal to buy the largest student loan corporation, SLM Corp., commonly known as Sallie Mae. [read post]
9 Jul 2012, 9:29 am
Bloomberg Business Week on July 9, 2012 released the following: “By Joe Schneider The brother of the alleged leader of a Mexican cocaine-trafficking cartel used Bank of America Corp. [read post]
1 Jun 2011, 8:03 am
The Bank of New York Mellon Corp. and Wells Fargo Bank filed separate lawsuits against Securities America last month. [read post]
25 Sep 2013, 5:55 am
The trial against Bank of America Corp's Countrywide unit has begun and the prosecutor has stated that the company placed profits over quality in a "massive fraud" selling shoddy mortgages to Fannie Mae and Freddie Mac.The claim came at the start of the first case by the government to go to trial against a major bank over defective mortgage practices leading up to the 2008 financial crisis. [read post]
30 Jul 2009, 2:19 am
As if banks were losing enough money....here is a story about Bank of America (BoA) suing several ex-employees for violations of their non-compete contracts.The suit was filed Monday in U.S. [read post]
16 Mar 2011, 8:00 pm
On March 9, 2011, Bank of America Corp. [read post]
18 Apr 2009, 2:04 pm
The merged legal department of Bank of America and Merrill Lynch, with a combined team of around 700, is in the midst of slimming down. [read post]
15 May 2011, 7:25 pm
docId=1376-LL1LWF0YHQ0X01-35SDRCD0D7SH4M5EPHTH48MK0U reports that Bank of America Corp., the largest U.S. mortgage servicer, may pay as much as $3.69 billion or as little as $890 million to settle with the state attorneys general and federal agencies over the investigation into its practices. [read post]
16 Sep 2011, 10:58 am
Bank of America was ordered to reinstate a whistleblower it fired after its merger with Countrywide Financial Corp. in 2008, as well as pay $930,000 in back wages, interest, compensatory damages, and attorney’s fees. [read post]
