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Bank of America

Usa Banks

Banks announcements following Fed’s “Stress Tests”

12/03/2015(0)
Following Federal Reserve “Stress Tests”, Morgan Stanley, JPMorgan Chase and Bank of America issued press releases informing that: Morgan Stanley Announces Share Repurchase of Up to $3.1 Billion of ... Read More
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Big Banks Struggle to Pass Fed’s ‘Stress Tests’

12/03/2015(0)
Bank of America must resubmit proposal to address certain weaknesses Four of the biggest names on Wall Street struggled to pass the Federal Reserve’s 2015 “stress tests,” and the ... Read More
Four-US-Banks

U.S. Banks Say Soaring Dollar Puts Them at Disadvantage

09/02/2015(0)
Firms Say They May Be Forced to Hold More Capital Than Foreign Rivals The strengthening U.S. dollar is rippling through the financial system in unexpected ways, revealing what bankers ... Read More
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Bank of America seeks to void verdict in $1.27 billion ‘Hustle’ case

29/08/2014(0)
Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit ... Read More
Bank of America

BofA settlement targets distressed borrowers

22/08/2014(0)
Bank must provide about $7 billion in aid to mortgage borrowers over four years. Bank of America’s $16.65 billion settlement with the federal and state authorities, targets low-income homeowners ... Read More
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Bank of America to Settle $16.65 Billion Mortgage Case

21/08/2014(0)
The Justice Department is poised to announce a $16.65 billion settlement with Bank of America over accusations that it duped investors into buying toxic mortgage securities, say people briefed ... Read More
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Bank of America, U.S. near record $17B settlement

07/08/2014(0)
The Department of Justice and Bank of America have reached a record settlement in principle in which the bank will pay just under $17 billion to resolve allegations related ... Read More
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Bank of America Hit With $1.3 Billion Penalty for Mortgage Fraud

31/07/2014(0)
Bank of America was hit with almost $1.3 billion in civil penalties Wednesday for a housing meltdown scam run by a subsidiary that a jury found intentionally sold bad ... Read More
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Holder won’t meet with BofA CEO as mortgage talks stall

10/07/2014(0)
Attorney General Eric Holder has formally refused to meet with Bank of America Corp Chief Executive Brian Moynihan to hammer out a multibillion-dollar deal, as talks to resolve probes ... Read More
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Bank of America instructs Shearman & Sterling disputes head for forex lawsuit

19/06/2014(0)
Shearman & Sterling has landed a major advisory role for Bank of America on a sprawling US lawsuit over alleged rates rigging in the foreign exchange market. A filing ... Read More
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