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U.S. Said to Ask BofA for More Than $13 Billion Over RMBS
U.S. prosecutors are seeking more than $13 billion from Bank of America Corp. to resolve federal and state probes into the lender's sale of bonds backed by home loans in the run-up to the 2008 financial crisis, according to people familiar with the matter.
Bank Of America: Buy At Current Discounted Price  Seeking Alpha
BofA in DOJ settlement talks for $10B+: Sources
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REFILE-Ex-Bank of America employee avoids punishment in bid rigging case
NEW YORK, April 22 (Reuters) - A former senior vice president at Bank of America Corp who became a cooperating witness in the U.S.
Ex-BofA Executive Avoids Jail for Muni Bond Bid-Rigging  Bloomberg
Former Bank of America Senior VP Guilty of Bond Bid Rigging Escapes Jail  International Business Times UK
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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
Recap of Bank of America call: Moynihan hopes for 'relief' from ...  MarketWatch (blog)
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UPDATE 1-US Justice Department seeks over $13 bln from BofA -Bloomberg
April 24 (Reuters) - The U.S. Department of Justice is asking Bank of America Corp to pay more than $13 billion to settle allegations the bank overstated the quality of mortgage bonds it sold during the housing bubble, according to Bloomberg News ...
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Stock Market Myopia: Why Investors Don't Understand Bank Of America
Bank of America (BAC) went through some rough times in the past few years. During that time, Brian Moynihan was selected to be the new CEO and Warren Buffett invested in the company. In 2013, the company was able to achieve around $10 billion in ...
1 Reason Bank of America Corp May Always Underperform Wells Fargo
The fact that Bank of America (NYSE: BAC ) isn't likely to outperform Wells Fargo (NYSE: WFC ) over the foreseeable future shouldn't come as a shock to anyone.
The Surprising Way Citigroup Inc Topped Bank of America Corp and Wells ...  Lessors Network (press release)
Quarterly Earnings Releases, Preferred Dividends, and Stock Price Movements ...  PR Newswire (press release)
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Proof Wells Fargo Is Safer Than Bank of America Corp and Citigroup Inc
For example, if Bank of America had a net interest margin of 3.2% on its $1.8 trillion in assets, it would've increased its net interest income by a staggering $4.1 billion in the first quarter.
BofA's Carnoy Leaves Capital Markets for Wealth-Unit Job
Now she'll manage the Northeast operations of U.S. Trust and join the parent company's operating committee, according to a memo to employees yesterday from Christian Meissner, 45, who oversees global corporate and investment banking. The move takes ...
Stock Update: Bank of America Corporation (NYSE:BAC) � ON THE MOVE-BofA ...  Jutia Group
BAML promotes Probert to head global capital markets  Reuters
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RBC Said to Hire Brad Scott From BofA in Mortgage Trading Push
RBC boosted the staff of a U.S. corporate-bond sales and trading unit by 20 percent in less than a year, with hires including Neil Yaris, a former head of junk-bond trading and sales at Bank of America, as co-head of high-yield debt trading in September.
Bank of America Corp (BAC) Trader Rolls the Dice On More Upside
Calls have been the options of choice on Bank of America Corp (NYSE:BAC) in recent weeks, per data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX).
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