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Bank of America Corp

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Merrill Brokers Managing $700 Million Go Independent

11/11/2015(0)
Four Merrill Lynch brokers are taking a gamble, joining the growing ranks of breakaway brokers. Advisers Ross Fox, Matthew Papazian, Marti Awad and Sarah Keys resigned from the Bank of ... Read More
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Banks Finalize $1.86 Billion Credit-Swaps Settlement

02/10/2015(0)
Suit claimed banks conspired to prevent competition Wall Street’s biggest banks have agreed to pay $1.86 billion to settle accusations that they conspired to prevent competition in the credit-derivatives ... Read More
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BofA Paying $315 Million to Settle With BNP, Deutsche Bank

06/05/2015(0)
Bank of America Corp. agreed in March to pay a combined total of $315 million to settle lawsuits with Deutsche Bank AG and BNP Paribas Mortgage Corp. related to ... Read More
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BofA Investors Say Settlement Reached in Forex Class Action

17/04/2015(0)
Bank of America Corp. investors say they’ve settled a lawsuit accusing the company of rigging prices in the foreign-exchange market. The investors, several pension and hedge funds, didn’t reveal ... Read More
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BofA triples third-quarter loss due to forex legal expense

07/11/2014(0)
Bank of America Corp (BAC.N) tripled its third-quarter loss to $232 million, in a revision that added legal costs related to global investigations into foreign exchange trading at major banks. ... Read More
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Merrill Lynch gets fine of $1.2 million for supervision failures

27/08/2014(0)
The U.S. futures regulator said on Tuesday it had fined a unit of Bank of America Corp $1.2 million for failures to supervise the processing of fees charged to ... Read More
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BofA Tax Set-Aside and Wylys Penalty

25/08/2014(0)
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt — a step ... Read More
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BofA raises dividend to 5 cents per share

06/08/2014(0)
Bank of America Corp (BAC.N) said it would increase its quarterly dividend to 5 cents per shares from 1 cent per share, its first dividend increase in seven years. ... Read More
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Litigation costs hit Bank of America quarterly profit

16/07/2014(0)
Bank of America Corp (BAC.N), the second-largest U.S. bank by assets, reported a 43 percent drop in second-quarter profit as mortgage revenue fell and litigation costs soared. Earnings attributable ... Read More
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