Bookmark

Add to MyYahoo RSS

Bank of America News

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

11 hrs ago | Seeking Alpha

What Bank Of America Shareholders Might Be Missing

Every Bank of America investor dreams of the day when litigation fees and legacy issues subside to unlock the bank's true earnings power.

Comment?

Related Topix: Financial Services, Banking, Wells Fargo

13 hrs ago | Mortgage News Daily

BofA on Brink of Burying Countrywide Woes as Accord Near - Bloomberg

Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news.

Comment?

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

18 hrs ago | The Washington Post

Fund Rule Seen Triggering Commercial Paper Jam: Credit Markets

Corporate treasurers say a crackdown on money-market funds threatens to squeeze their access to the short-term financing they use for everything from paying the rent to meeting their payrolls.

Comment?

Related Topix: FMC, Energy, Great Plains Energy, Chemicals, Securities and Exchange Commission, Corporate / Securities Law, Law, US Securities and Exchange Commission, Financial Services, Banking, Business News

22 hrs ago | Bloomberg

Zhou Probe Signals China Tackling Obstacles to Reforms

Chinese President Xi Jinping's anti-corruption drive has breached the highest ranks of power.

Comment?

Related Topix: World News, China, Asia, Xi Jinping, Banking, Financial Services

Yesterday | The Washington Post

Argentina's Default Clock Runs Out as Debt Negotiations Collapse

With Standard & Poor's saying Argentina is in default and last-minute plans to remedy the situation falling through, investor focus is turning to whether holders of $29 billion of bonds will demand immediate repayment.

Comment?

Related Topix: Financial Markets, Financial Services, Banking, Business News

Wed Jul 30, 2014

The Washington Post

Wall Street Facing New U.S. Scrutiny of Derivatives Tactic

Wall Street banks face heightened scrutiny from the Commodity Futures Trading Commission over their latest tactic to escape U.S. trading rules for overseas derivatives.

Comment?

Related Topix: Corporate / Securities Law, Law, Goldman Sachs, Financial Services, Investment Services, Banking, Stanley, US Politics, US News, US House of Representatives, Democrat, Maxine Waters, California

Barron's

Evening Wrap: BAC, Amgen Rally

The S&P 500 Index moved fractionally higher to 1,970.07, while the Dow Jones Industrial Average fell 31.75 points or 0.19% to 16,880.36.

Comment?

Related Topix: Biotech, Medicine, Amgen, Healthcare Industry, Banking, Financial Services, Mortgage, Personal Finance

National Mortgage News

B of A Said to Near U.S. Mortgage Accord After Raising Offer

Eight Reasons the Housing Recovery's Been So Slow From tight credit conditions to empty nesters, here is a litany of problems weighing on the housing market, as summarized in the minutes of last month's Federal Reserve policy meeting.

Comment?

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

Business Journal

Cousins Properties to buy Fifth Third Center for record number

Cousins Properties is under contract to purchase the Fifth Third Center office tower in uptown Charlotte for a record-setting number.

Comment?

Related Topix: Real Estate, Cousins Properties, Financial Services, Banking

Reuters

Bank of America ordered to pay $1.27 bln for Countrywide fraud

U.S. District Judge Jed Rakoff in Manhattan ruled nine months after jurors found Bank of America and former Countrywide executive Rebecca Mairone liable for defrauding government-controlled mortgage companies Fannie Mae , and used her maiden name of Rebecca Steele.

Comment?

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

TheStreet.com

Bank of America (BAC) Stock Rises After Federal Judge's Mortgage Case Ruling

The decision comes nine months after the jury found Bank of America and former Countrywide executive Rebecca Mairone liable for defrauding Fannie Mae and Freddie Mac via bad Countrywide loans in 2007 and 2008.

Comment?

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

Business Journal

Bank of America ordered to pay $1.3B fine in mortgage 'Hustle' case

Already found guilty after a trial, Bank of America Corp. is now being ordered to pay a $1.3 billion fine as its penalty in a civil mortgage fraud case, according to Bloomberg.

Comment?

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

Hispanic Business

Bank of America Changes the Game With Preferred Rewards

'Preferred Rewards is the first program of its kind to offer clients benefits and rewards for everyday banking,' said .

Comment?

Related Topix: Financial Services, Banking

Bloomberg

BofA Names Ex-Mitsubishi UFJ Tie-Up Chief Tokyo Branch Head

Bank of America Corp. named Miwa Ohmori, the former chief executive officer of Merrill Lynch & Co.'

Comment?

Related Topix: Banking, Financial Services, Merrill Lynch and Co, Investment Services, 9, North Carolina

Tue Jul 29, 2014

The Washington Post

VTB's Lenders Said to Await EU Sanctions Clarity on Russia

International lenders to VTB Group are waiting for details on European Union sanctions on Russia before deciding to approve a $1.5 billion loan to the bank, according to three people with knowledge of the matter.

Comment?

Related Topix: ING Group, Insurance, Financial Services, Banking, Business News

Housing Wire

DOJ demands more in BofA, Countrywide deal

Despite already offering $13 billion to end the government's mortgage securities probe, the Department of Justice is demanding billions of more from Bank of America for the dealings of Countrywide Financial Corp. and Merrill Lynch & Co.

Comment?

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

The Washington Post

Deutsche Bank Debt Trading Beats U.S. Peers as Pretax Climbs

Deutsche Bank AG, Europe's biggest investment bank, surprised analysts by reporting revenue from debt trading that beat four out of five U.S. peers and helped boost pretax profit 16 percent.

Comment?

Related Topix: Banking, Deutsche Bank AG, Financial Services, Financial Markets, Citigroup, Business News

Seeking Alpha

Facebook, Inc. Hits Mega-Cap, Is Dow Jones Calling?

The Dow Jones Industrial Average is performing well so far this year, with new highs a regular occurrence .

Comment?

Related Topix: Startups, Facebook, IBM, Semiconductors, International Business Machines Corporation -- Microelectronics, Electronics, Beverages, CocaCola, Cable & Satellite, Telecom, ATT, Banking, Financial Services

Mon Jul 28, 2014

Seeking Alpha

Citigroup: Disappointed By Cowardly Management But Maintaining 'Buy'

Precedent was thrown out the window and Citi was fined three to four times what its competitors were on a relative basis.

Comment?

Related Topix: Banking, Financial Services, CitiMortgage, Citigroup

The Charlotte Observer

BofA to vacate Ballantyne building as it shrinks office footprint

The bank plans to vacate the Betsill building by the end of the year but remain in two other buildings the bank also leases in Ballantyne, spokeswoman Jennifer Darwin said Monday.

Comment?

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

•••
•••
•••
•••
•••

Ashburn Jobs

•••
•••
•••
•••