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Bank of America Corporation

Breaking News about Bank of America Corporation:

Feds Announce Record Settlement With Bank Of America, Creating Tax Fund And Potential Tax Deductions

Aug 21 2014 4:24pm CDT | Source: Forbes Real Time

Calling it "the largest civil settlement with a single entity in American history," Attorney General Eric Holder and Associate Attorney General Tony West announced that the Department of Justice had reached a $16.65 billion settlement with Bank of America Corporation. What does it mean for the company, consu ...
Full article at: Forbes Real Time
 

 

Bank Of America: The Positive Implications Of The Fine Imposed

Aug 12 2014 11:16am CDT | Source: SeekingAlpha

By Balanced Investing:The final verdict by the Department of Justice "DOJ" has marked an end to the series of penalties charged for the wrong acquisition picks by Bank of America Corporation (NYSE:BAC). The bank has already paid out $60 billion to clear up the mess and repurchase mortgage-backed securities. The final amount has been settled at $16 billion, where more than 50% of the fine wil ...
Full article at: SeekingAlpha
 

 

Bank Of America Stock Forecast Based On A Predictive Algorithm

Jul 30 2014 2:43pm CDT | Source: SeekingAlpha

By I Know First Research:Bank of America Corporation (NYSE:BAC) is a household name in the United States and for good reason. By assets alone, it is the nation's second biggest bank. By Forbes' 2010 definition, it is the third largest company in the world. In 2008, it acquired Merrill Lynch Wealth Management, the world's largest brokerage. Merrill Lynch itself represented an add-on ...
Full article at: SeekingAlpha
 

 

Latest stories

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Abuja, Sep 2 (IANS) Nigeria will soon get a Japanese drug to treat Ebola, the country's Health Minister Onyebuchi Chukwu said Monday. | by IANS
 
Japan to aid connectivity upgrade in northeast India
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Three Ebola cases recorded in Nigeria oil hub
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Why Higher Interest Rates Will Become a Necessity

Jul 21 2014 8:55am CDT | Source: Profit Confidential

Let’s start with the U.S. housing market. Has the recovery for it ended or just stalled? My answer comes in one sentence: While it’s always a matter of location, only the high-end housing market is doing well, while the general market is weak. I can see it in the mortgage numbers. People just aren’t taking loans to buy homes in the U.S. economy. In fact, mortgage applications are tumbling. In the second quarter of 2014, Bank of ...
Full article at: Profit Confidential
 

 

Is Bank Of America The Best Banking Pick?

Jul 16 2014 8:18pm CDT | Source: SeekingAlpha

By Bilal Liaqat: Bank of America Corporation's Earnings Decline 43% on Legal Costs Bank of America Corporation (NYSE:BAC) said on Wednesday that its Q2 profit plunged 43 percent, dragged down by a large legal expense that overshadowed some otherwise positive expected results.The bank reported profit of $2.04 billion, or 19 cents per share, on revenue of $22 billion in second-quarter. Wall Street anal ...
Full article at: SeekingAlpha
 

 

Bank of America's (BAC) CEO Brian Moynihan on Q2 2014 Results - Earnings Call Transcript

Jul 16 2014 7:00pm CDT | Source: SeekingAlpha

Bank of America Corporation (NYSE:BAC) Q2 2014 Earnings Conference Call July 16, 2014 8:30 AM ET Executives Lee McEntire – IR Brian Moynihan – President and CEO Bruce Thompson – CFO Analysts Betsy Graseck – Morgan Stanley Jim Mitchell – Buckingham Research Matt O’Connor – Deutsche Bank Glenn Schorr – ISI Research Jonathan McDonald – Sanford Bernstein Guy Moszkowski – Autonomous Research Moshe Orenbuch – Credit Suis ...
Full article at: SeekingAlpha
 

 


 

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