Bank of America Corp news

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BofA's Blunder: $40 Billion-Plus
Bank of America Corp. BAC 0.59 % thought it had a bargain four years ago when it paid $2.5 billion for tottering mortgage lender Countrywide Financial Corp.
Walnut Place Loses Bid to Revive Bank of America Lawsuit  Bloomberg
Bank of America's Biggest Mistake Cost $40B So Far [UPDATED]  ValueWalk
Bank Of America Races To Sell Assets (Again) ? A List Of Assets Sold Since 2011
Bank of America Corp. (NYSE: BAC), the lender divesting assets to raise capital, is in talks with Swiss wealth manager Julius Baer Group Ltd.
BofA Fined $2.8 Million for Overbilling 95000 Accounts
Bank of America Corp.'s Merrill Lynch wealth-management unit was fined $2.8 million by the Financial Industry Regulatory Authority for overbilling customers by $32.2 million over an eight-year period.
FINRA fines Merrill $2.8 million for excess fees  Reuters
US High Yield: A Closer Look at 'Junk' Spreads  Minyanville.com
Bank of America plans $50-billion investment to go green
Bank of America Corp. announced Monday a commitment to invest $50 billion in green energy and other environmental projects over the next 10 years, after achieving a similar goal announced in 2007 years ahead of schedule.
Bank of America Hires Goldman Sachs's Diego De Giorgi for Europe
Bank of America Corp. hired Diego De Giorgi, chief operating officer of Goldman Sachs Group Inc.'s investment banking division, as co-head of its European securities operations.
BofA brings in Goldman investment banker  Financial Times
Judge Tosses Bank of America Suit vs Deutsche Bank, BNP Paribas
By Patrick Fitzgerald. A federal judge dismissed Bank of America Corp.'s lawsuit against units of Deutsche Bank and BNP Paribas, a win for the two foreign banks in their $1.75 billion dispute over losses suffered when a subsidiary of disgraced mortgage ...
Bank Of America Accused Of Hiding Merrill Lynch Losses From Shareholders ...
June 4 (Reuters) - Top executives at Bank of America Corp did not tell shareholders just prior to a 2008 vote on its purchase of Merrill Lynch & Co that losses were mounting and expected to weigh down earnings for years, papers filed in private ...
BofA masked Merrill loss before 2008 vote - filings  Reuters
Bank of America Shareholder Suit Alleges Merrill Losses Withheld  ValueWalk
Nationstar to Buy $10.4 Billion in Mortgage-Servicing Rights from BofA
Nationstar Mortgage Holdings Inc. NSM -2.20 % has agreed to acquire roughly $10.4 billion in residential-mortgage-servicing rights from Bank of America Corp. BAC -0.51 % as the mortgage servicer looks to seize more share from traditional banks scaling ...
Bank of America Sued Over Force-Placed Insurance Costs
Bank of America Corp. was sued in a Florida federal court by homeowners who allege the company overcharged them for so-called force-placed insurance.
New Fannie CEO Has Bank Baggage
His promotion to CEO caps a remarkable turnaround for the financial-services lawyer, who was unexpectedly fired by Bank of America Corp. BAC -0.07 % as its general counsel on the eve of the bank's acquisition of Merrill Lynch & Co. in 2008 to make room ...