Home » Posts tagged 'Bank of America'

  • FILE- In this April 5, 2018, file photo a NYSE logo adorns the entrance to the trading floor the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 11. (AP Photo/Richard Drew, File)

    Markets Right Now: U.S. Stocks Fall As Banks See Losses

    NEW YORK — The latest on developments in financial markets (all times local):
    11:55 a.m.
    U.S. stocks are falling again a day after their biggest drop since February. Some early relief over a tame report on inflation gave way to renewed […]

  • VIDEO: U.S. Retail Sales Fall 0.3% in September

    VIDEO: U.S. Retail Sales Fall 0.3% in September

    U.S. stock futures are pointing lower and retail sales fell 0.3% in September. WSJ’s Polya Lesova has the details on the News Hub with Michael Casey. Photo: Getty

  • A Bank of America sign is pictured in Encinitas, California January 14, 2014.  REUTERS/Mike Blake

    Bank Of America Settles Mortgage Probes For $16.65 billion

    WASHINGTON/NEW YORK – Bank of America Corp (BAC.N) reached a record $16.65 billion settlement with the U.S. government to settle charges that it and companies it bought misled investors into buying troubled mortgage-backed securities, helping the bank close a major […]

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  • Bank of America Goes To Trial Over U.S.Fraud Charges

    Bank of America Goes To Trial Over U.S.Fraud Charges

    NEW YORK  – Bank of America Corp heads to trial this week over allegations its Countrywide unit approved deficient home loans in a process called “Hustle,” defrauding Fannie Mae and Freddie Mac, the U.S. government enterprises that underwrite mortgages.
    In what […]

  • DOJ Accuses Bank of America Of Mortgage-Backed Securities Fraud

    DOJ Accuses Bank of America Of Mortgage-Backed Securities Fraud

    WASHINGTON – The U.S. government on Tuesday filed two civil lawsuits against Bank of America for what the Justice Department and securities regulators said was a fraud on investors involving $850 million of residential mortgage-backed securities.
    The Justice Department and the U.S. […]

 
 

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