Bank of America Corp news

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BofA reports first quarterly loss since 2011 on lofty legal bill
(Reuters) - Bank of America Corp reported an unexpected first-quarter loss on Wednesday after it took a $6 billion charge to cover litigation expenses, a figure that far exceeded the legal settlements the No.
BofA Slides After Posting Loss Tied to Mortgage Accords  Bloomberg
Is Our Bank Of America Stock Price Headed Back To Single Digits?  Seeking Alpha
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Bank of America Corp (BAC) Gets Buy From Top Ranked Sell-Side Analyst
Unfortunately, Bank of America Corp (NYSE:BAC) has been dealing with legal costs accrued from the financial crisis and they just disclosed larger-than-expected legal expenses of $6 billion, just in the first quarter!
Bank of America Stock Rating Reaffirmed by Zacks (BAC)  WKRB News
Morgan Stanley Reiterates �Overweight� Rating for Bank of America (BAC)  Ticker Report
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BofA Paying $772M Over Selling Credit Card Extras
Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't ...
Bank of America to pay $772 million for illegal credit card practices  Los Angeles Times
BofA to pay $772M over credit card practices  USA TODAY
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BofA's stock swing following results explained: Pro
The latest earnings report from Bank of America is the new definition of the word "noisy." That's how one leading analyst described the numbers, which seemed open to wide interpretation because of billions of dollars in litigation charges.
Bank of America in Settlement Talks Over Mortgage Securities
WASHINGTON�Bank of America Corp. is engaged in multibillion-dollar settlement talks with the Justice Department to end investigations into shoddy residential mortgage backed securities, according to people familiar with the matter.
Bank of America Swings to Loss on Legal Charge, Lower Mortgage Originations
When Bank of America and Justice Department officials met in March, the government's lead negotiator, Associate Attorney General Tony West, suggested a settlement figure that was billions of dollars above the $2.4 billion in legal charges the company ...
BofA Reaches $950 Million Deal on FGIC-Backed Bonds
Bank of America Corp. is paying $950 million to settle claims that its Countrywide unit pooled faulty mortgages into securities that helped hobble Financial Guaranty Insurance Co.
BofA reaches $950M deal on mortgage bonds  Crain's New York Business
FGIC Announces Settlement with Bank of America  MarketWatch
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BofA, NYSE, Traders Sued by City Over High-Frequency Trading
Bank of America Corp. (BAC:US) and the New York Stock Exchange were among dozens of exchanges, brokerages and traders sued over high-frequency trading by the city of Providence, Rhode Island, over claims they rigged securities markets to divert ...
Exchanges, brokerages hit with high-speed trading class action  Reuters
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3 Things to Watch For When Bank of America Corp Announces Earnings
Bank of America truly is a diverse bank and receives income not only from its consumer and corporate lending and banking services but also its wealth management and investing unit for individuals.
One Factor Affecting Bank of America (BAC) Stock Today  TheStreet.com
Bank Of America: The Sell-Off Is Unwarranted  Seeking Alpha
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Bank of America loss isn't just a mortgage story
Bank of America is careful to note in its financial statements that the work of President Obama's RMBS Working Group of the Financial Fraud Enforcement Task Force isn't complete, meaning the company could be on the hook for additional mortgage ...