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Bank of America News

News on Bank of America (Ticker: BAC) continually updated from thousands of sources around the net.

35 min ago | Business Journal

Bank of America wants $1.3B 'Hustle' verdict thrown out

Bank of America Corp. may have put a historically huge settlement in its rearview just last week, but that doesn't mean the Charlotte-based financial giant is finished with its legal maneuvering just yet.


Related Topix: Banking, Financial Services

4 hrs ago | Bloomberg

Jamie Dimon, Chief Executive Officer of JPMorgan Chase & Co.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has pledged billions of dollars to improve compliance and cybersecurity.


Related Topix: Banking, JP Morgan Chase , Financial Services, Citigroup

Mon Sep 01, 2014

Daily Mail

Ruth Sunderland: Justice before mercy for self-destructive banks

Should shareholders shun banks? Neil Woodford's decision to sell his holding in HSBC, whose management is widely seen as superior to its peers because of fears over huge possible fines in the pipeline, suggests as much.


Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services

The Charlotte Observer

Bank of America offers help for women sleeping on uptown benches

A homeless traveler hunkers down on a bench on Stonewall St. in uptown Charlotte as thunderstorms roll into the city on a dreary Monday morning.


Related Topix: Banking, Financial Services, Charlotte, NC, Weather

Three Regional Lenders With Dividends That Top JPM, USB and WFC

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.


Related Topix: Mozilla, Financial Markets, Banking, Financial Services, Souderton, PA, Warren, PA, US Bancorp

TeleGeography CommsUpdate

America Movil enlists Bank of America to sell surplus assets; AT&T, Softbank linked with bids

America Movil , the international telecoms group controlled by Mexican billionaire Carlos Slim, has hired Bank of America Corp to sell certain domestic telecoms, Bloomberg reports.


Related Topix: Cable & Satellite, Telecom, Banking, ATT, Financial Services, Carlos Slim Helu

Seeking Alpha

Another Reason To Like The Burger King Deal

In our previous article about the Burger King /Tim Hortons deal, we laid out our reasoning to get behind the deal and why we thought it was a good move on both companies parts.


Related Topix: Warren Buffett, Financial Services, Banking

Sun Aug 31, 2014

American Reporter


Those who thought that last week's government bailout of Fannie Mae and Freddie Mac would stabilize the financial markets got a wakeup call this week.


Related Topix: Home, Mortgage, Personal Finance, Economics News, Subprime Mortgage Crisis, Bankruptcy, Banking, Financial Services

Hindustan Times

Global CEOs top bankers queue up to meet Modi

Global chief executives and top bankers of iconic Wall Street companies are queuing up to meet Prime Minister Narendra Modi, in a clear sign that India's economy has never mattered more than now.


Related Topix: Deutsche Bank AG, Financial Services, Banking

The Motley Fool

4 Winners in the Big Bank of America Corp. Settlement

Though the accord is the priciest yet among the myriad big-bank settlements, the deal has produced some clear winners.


Related Topix: Banking, Financial Services, US News, Home, Mortgage

Seeking Alpha

Loving The Leverage: Bank Of America

First off we'll go over the terms of both the Class A and Class B warrants, including strike price, expiration date, and adjustment terms.


Related Topix: Financial Services, Banking

Sat Aug 30, 2014

Seeking Alpha

What's Next For Bank Of America

Now that the regulators have approved a dividend hike, I believe we could see an extended period of annual dividend increase.


Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, US News, Wells Fargo

Washington Examiner

ACORN-linked groups may profit in Bank of America settlement

A chunk of the Justice Department's recent $16.65 billion settlement with Bank of America may go to a government-chartered nonprofit that gives hundreds of millions of dollars to housing activists once associated with the infamous ACORN group.


Related Topix: The Acorn, Indie, Banking, Financial Services, Home, Mortgage, Personal Finance

Fri Aug 29, 2014

Too Big To Fail Banks Have Paid $251 Billion in Fines For Sins Committed Since 2008

For over half a century I have worked as an investment banker, and then written about Wall Street, highlighting the market upheavals of 1973-4, 1987, 1999-2000, and 2007-2008 and their ramifications for the American economy,the disparity of wealth in the nation and the continuing risks of another deep global financial crisis.


Related Topix: Banking, Financial Services, Home, Mortgage, Financial Markets, Personal Finance

The Washington Post

BofA Says Worst Is Over for Korea Brokers as Volumes Rebound

The worst is over for the South Korean brokerage industry as speculation of rising dividends and an improving economy boosts investor appetite for stocks, according to Bank of America Corp. The 30-day average trading volume of Kospi index equities has increased 47 percent from a seven-year low on May 12, as foreign investors added $9.3 billion to ... (more)


Related Topix: Banking, Financial Services, Financial Markets, South Korea, World News, Business News

Why TheStreet Ratings Team Says Bank of America (BAC) Stock Is a 'Buy'

This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.


Related Topix: TheStreet, Financial Services, Banking, Financial Markets

JD Supra

Bank of America's $16.65 Billion Settlement

In what is being reported as the largest settlement ever between the U.S. and a single business entity, Attorney General Eric Holder and Associate Attorney General Tony West announced Thursday that Bank of America Corp. has agreed to pay $16.65 billion to settle accusations by the Department of Justice that it, as well as Countrywide Financial ... (more)


Related Topix: Banking, Financial Services, US News, Merrill Lynch and Co, Investment Services, Home, Mortgage, Personal Finance

National Mortgage News

Richard A. MahoneyB of A's Countrywide Woes Offer a Lesson in M&A Branding

Community Builder or Divider? Homeownership's Pluses and Minuses The benefits of homeownership are often cited in policy debates, though it has some downsides.


Related Topix: George Mason University, Home, Mortgage, Personal Finance, Banking, Financial Services

On Wall Street

Bank of America Affiliate U.S. Trust Hires 4 Advisors

Top Planning Concerns for UHNW Clients Working with UHNW clients requires more than solid investment management and estate planning, according to advisor Paul Pagnato, founder of the Pagnato-Karp Group.


Related Topix: Banking, Financial Services, Estate Planning, Personal Finance, Retirement, Kansas City, MO

Business Journal

Related Group scores $49M loan for apartment construction

Bank of America and Cadence Bank provided the mortgage to RD Pembroke Apartments, an affiliate of the Miami-based developer.


Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, Pembroke Pines, FL


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