News Summary: Bank of America leads banks up
13 days ago
IT'S SETTLED: Bank of America and MBIA, a bond-insurance company, reached a settlement over a long-running dispute stemming from the real-estate bubble.
Federal Reserve stress tests: The banks weigh in
65 days ago
The New York company had originally asked to be allowed to buy back $5.7 billion of its own stock, but reined in the request after the Fed released preliminary test results last week and the...
News Summary: 5 US banks cut mortgage debt by $19B
87 days ago
BIGGEST REDUCERS: Of the roughly $19 billion in reduced mortgage principal, Bank of America Corp. provided $13.5 billion; JPMorgan Chase & Co., $1.8 billion; Citigroup Inc., $1.9 billion; Wells...
Report: States force jobless to pay needless fees
110 days ago
Banks including JPMorgan Chase & Co., U.S. Bancorp and Bank of America Corp. seized on government payments as a business opportunity.
Bank of America trying to regain mortgage business
121 days ago
Bank of America has been dealing with the fallout from soured mortgages made before the financial crisis, especially those it acquired when it bought Countrywide in 2008.
News Summary: BofA bulking up mortgage muscle
122 days ago
HOMING IN: Bank of America wants to bulk up the number of mortgages it sells directly to customers.
BofA's earnings shrink on mortgage settlements
122 days ago
Bank of America says its fourth-quarter earnings shrank as it cleaned up old problems from its mortgage unit.
US stock futures subdued ahead of Bernanke session
125 days ago
Bank of America Corp. and Goldman Sachs Group Inc.European markets rose by midday on optimism that the worst of the uncertainty from the European fiscal crisis and U.S. fiscal cliff saga is over.
Bank of America reaches settlement with Fannie Mae
132 days ago
Bank of America has reached a settlement with Fannie Mae on residential mortgage loans sold by the bank and its Countrywide unit to the agency ahead of the nation's 2008 financial crisis.
Report: Bank of America delays higher account fees
169 days ago
Bank of America is postponing an increase in monthly fees for checking accounts, according to a report in The Wall Street Journal.