360° Coverage : Bank of America Corporation

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

Nigeria to get Japanese drug for Ebola treatment
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
Tokyo, Sep 1 (IANS) India and Japan Monday decided to strengthen cooperation for improving connectivity and socio-economic development in northeastern states of India. | by IANS
Three Ebola cases recorded in Nigeria oil hub
Abuja, Sep 1 (IANS) At least three cases of Ebola virus disease (EVD) have been recorded in Nigeria's oil hub of Port Harcourt, where a fatality was confirmed last week, the country's Minister of Health Onyebuchi Chukwu said here Monday. | by IANS

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



Latest from the Network

Lena Dunham condemns naked photo leak
Los Angeles, Sep 2 (IANS) Actress-writer Lena Dunham has condemned a mystery hacker who leaked nude photographs of celebrities, including actress Jennifer Lawrence. Lawrence hit headlines Sunday when intimate snaps of...
Read more on Celebrity Balla
Three children, teacher killed in China school stabbing
Beijing, Sep 2 (IANS) A stabbing spree in a Chinese school has left three children and a teacher dead Monday. Chen Yanfu, 43, who was upset that his daughter was not allowed to register at the school, rampaged through...
Read more on Politics Balla
Jennifer Aniston eases exercise regime
Los Angeles, Sep 2 (IANS) Actress Jennifer Aniston, who admits she's "eased up" her workout regime, says it's important to take time off from working hard in the gym to simply enjoy life sometimes. The 45-year-old,...
Read more on Celebrity Balla
Nigeria to get Japanese drug for Ebola treatment
Abuja, Sep 2 (IANS) Nigeria will soon get a Japanese drug to treat Ebola, the country's Health Minister Onyebuchi Chukwu said Monday. The drug named Favipiravir and developed by a subsidiary of Fujifilm Holdings in...
Read more on Business Balla
Miley Cyrus: The internet is more damaging than drugs
Miley Cyrus thinks the internet ''hurts your brain'' more than drugs. The 21-year-old singer believes social media - such as Facebook and Instagram - causes more damage to your mental health than smoking cannabis. She...
Read more on Celebrity Balla
Britney Spears in contact with ex-boyfriend from 6 years ago
Britney Spears is reportedly in contact with her ex-boyfriend from six years ago. The 'Piece of Me' hitmaker only split from her beau David Lucado last week after it emerged he'd allegedly cheated on her and now the...
Read more on Celebrity Balla
Joan Rivers may end up 'as a vegetable' or in 'wheelchair'
Joan Rivers' doctors fear she may end up ''as a vegetable'' or ''needing a wheelchair'' after she suffered a cardiac arrest last week. The 81-year-old comedienne's relatives are reportedly preparing themselves for the...
Read more on Celebrity Balla
Kate Upton will 'pursue anyone' who shares naked photos of her
Kate Upton's lawyer will ''pursue anyone'' who shares naked pictures of her. Nude photographs of the 22-year-old model were reportedly leaked online after her mobile phone's online storage system iCloud was allegedly...
Read more on Celebrity Balla
'Ukrainian conflict has escalated into war'
Kiev, Sep 1 (IANS) Ukrainian Defence Minister Valeriy Geletey Monday said the conflict in eastern Ukraine between government troops and pro-independence insurgents has escalated into a "war". "A great war came at our...
Read more on Politics Balla
IS slogan found on school walls in Saudi Arabia
Riyadh, Sep 1 (IANS) Slogans praising Sunni militant group Islamic State (IS) were found on the walls of some schools in the Saudi Arabia capital following Saudi King Abdullah bin Abdulaziz's call for coordinated...
Read more on Politics Balla