Bank of America News

The payment company has hired Bank of America to advise, according to sources close to the situation, The Wall Street Journal reports .

Of the 20 equities seeing the heaviest options volume in recent sessions, three names of notable interest this afternoon are Bank of America Corp , Intel Corporation , and Micron Technology, Inc. .

Mexico is proving to be one of the least-vulnerable countries to an increase in global interest rates by boosting the average maturity of its bonds to the highest of Latin America's biggest economies.

Gifford Charles K who is Director at Bank of America Corporation , sold 580,734 shares at $13.07 per share for a total value of $7,590,193.

Investors cut bond holdings to a near two-year low this month, and bought stocks, as expectations the Federal Reserve may remove monetary stimulus bolstered growth forecasts, a Bank of America Corp. survey showed.

Bank of the West said it plans to hire as many as 100 people over the next two years in its fast-growing wealth management business.

Bank of America Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

The single, easiest way to keep track of all the stocks that matter... Your own personalized stock watchlist! It's a 100% FREE Motley Fool service... ) finds itself in court over mortgage-related complaints.

Former employees say in a lawsuit that Bank of America rewarded staff with cash bonuses and gift cards for meeting quotas connected to sending homeowners into foreclosure, Bloomberg reported.

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Rising bond yields are typically indicators of stronger economic growth and higher profits for banks.

SIX FORMER BOA EMPLOYEES TESTIFY THAT BOA MODIFICATION AND FORECLOSURE SPECIALISTS WERE PAID AND INSTRUCTED TO LIE TO HOMEOWNERS, PAID WITH GIFT CARDS IF THEY SUCCESSFULLY THREW THE HOMEOWNER INTO FORECLOSURE AND WERE DISCIPLINED OR FIRED IF THEY FAILED TO TURN OVER THE REQUESTS FOR MODIFICATION INTO THE RIGHT NUMBER OF FORECLOSURES.

In the past five or so years, there have been five prominent dividend growth companies that experienced dividend cuts which realistically could have been a part of a conservative dividend growth investor's portfolio.

JPMorgan Chase reported record results for the first quarter of the year, despite low interest rates continuing to undercut its profits.

Unfortunately for Bank of America shareholders, just having the best business model in theory doesn't guarantee operational or financial success.

Bank of America Corp. , the second-biggest U.S. lender, rewarded staff with cash bonuses and gift cards for meeting quotas tied to sending distressed homeowners into foreclosure, former employees said in court documents.

BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday.

Bank of America is the top-ranked Fortune 500 company in North Carolina. The Charlotte-based bank placed 21st on the overall list.

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PIMCO supports BofA's $8.5B mortgage settledment, Bloomberg reports Bank of America's $8.5B mortgage-bond settlement is 'outstanding' for investors, says Kent Smith, an executive VP at Pimco who helped negotiate the agreement, and who testified in a trial over the agreement, reports Bloomberg.