Bank of America Corp (NYSE:BAC) seeks RICO lawsuit dismissal
Bank of America Corp (NYSE:BAC) is now seeking the dismissal of the Federal lawsuit that had accused it of initiating a scheme that involved home-mortgage modifications. This week, the bank submitted...
View ArticleBank of America Corp (NYSE:BAC) to add financial advisors of Merrill Lynch
Come Monday and Bank of America Corp (NYSE:BAC) will commence adding financial advisors from Merrill Lynch to its Albany, New York area branches. The district President at Albany for the bank, Jennifer...
View ArticleDid Bank of America Corp (NYSE:BAC) hide information?
Mr. Wilmot-Sitwel is currently the president of Bank of America Corp (NYSE:BAC) Merrill Lynch for the Middle East, Europe and Africa. He was formerly a UBS executive and in January told British...
View ArticleDid Bank of America Corp (NYSE:BAC) Pay More Than Necessary For Settlement?
According to a Reuters report, a record $32M will be paid by Bank of America Corp (NYSE:BAC) over charges that it made debt collection calls that amounted to harassment. This might just be the largest...
View ArticleBank of America Corp (NYSE:BAC) In The Clutches Of Italian Financial Police?
The financial police in Italy have seized €15M from Bank of America Corp (NYSE:BAC) Merrill Lynch. On Thursday, the police said that this is part of an investigation into an alleged-fraud that involves...
View ArticleWill Bank Of America Corporation (NYSE:BAC) Follow JPMorgan Chase & Co....
New York Times has reported on October 19, that a potential settlement agreement between the $204 billion market capitalized JPMorgan Chase & Co. (NYSE:JPM) and United States Justice Department...
View ArticleWho Is Next After Bank Of America Corp (NYSE:BAC) & JPMorgan Chase & Co...
Charges of fraudulent mortgage practices by Bank Of America Corp’s (NYSE:BAC) Countrywide unit, were proved on Wednesday, following a four-week trial before a federal jury in New York. The U.S....
View ArticleInvestor’s Showing Confidence In JPMorgan Chase & Co. (NYSE:JPM)
After feeling the heat of $13 billion mortgage settlement announced on Tuesday, finally the stock of JPMorgan Chase & Co. (NYSE:JPM) soared 2% during the Thursday’s trading. The rally could be...
View ArticleJPMorgan Chase & Co. (NYSE:JPM) Has Fared Well
JPMorgan Chase & Co. (NYSE:JPM)’s stock is trading 33.8% above its 52 week low of $41.64, if we take into consideration its previous close of $55.72. The stock has delivered 26.7% returns year to...
View ArticleBank of America Corp (NYSE:BAC) Stares At Probe
As per the regulatory filing dated June, Bank of America Corp (NYSE:BAC) is under fire, as it has come under the scanner of both the U.S. Department of Justice as well as the Commodity Futures Trading...
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