Tag Archives: BofA

UPDATE 1-US states, regulator drop objections to $8.5 bln BofA deal

NEW YORK, May 3 (Reuters) – The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp’s proposed $ 8.5 billion settlement…

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BofA director settlement over Merrill triples to $62.5 million: source

(Reuters) – Bank of America Corp directors have reached a $ 62.5 million settlement to resolve investor claims over the bank’s acquisition of Merrill Lynch & Co, a person familiar with the matter said, after a federal judge expressed reservations … Continue reading

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Customers reporting BofA website problems

(Reuters) – Some Bank of America Corp customers in the United States said on Tuesday they were having trouble logging into its online banking website, reviving memories of a serious outage last fall.

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BofA, Rivals Try to Get In on Groupon’s Game

Video: Big banks, looking for new revenue sources, are moving to out-Groupon Groupon.

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Financial stocks lead way lower; BofA slides 4 percent, the biggest drop in the Dow

NEW YORK — The stock market took a late afternoon fall Monday after European Union finance ministers failed to come up with the full amount of money pledged for a bailout fund. Banks led the way down. Morgan Stanley dropped … Continue reading

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BofA CEO faces investors, shares plumb lows

(Reuters) – Bank of America Chief Executive Officer Brian Moynihan will have his work cut out for him next week when he speaks at an investor conference in New York, despite a recent uptick in his…

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