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Bank of America Continues to Improve

Bank of America Continues to Improve

The bank, which is often considered a bellwether, said that it had clawed back to profitability in the first quarter, after two consecutive periods of losses.

 

BofA to start reducing mortgage principal

BofA to start reducing mortgage principal

Bank of America will on Wednesday announce plans to start forgiving mortgage loan principal for troubled homeowners who owe more than 120 percent of their home's value or are battling ever-expanding "negative amortization" loans.

 

Bank of America ends overdraft fees on debit cards

Bank of America ends overdraft fees on debit cards

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees....

 

Chevron, BofA Push Stocks Higher

U.S. stocks gained, as rising commodity prices boosted energy stocks, concerns about European governments' debt loads eased and data showed a brightening outlook for New York area manufacturing.

 

Cuomo Sues Bank of America as It Settles With S.E.C.

The attorney general accused the bank and two executives of securities fraud. Meanwhile, the bank settled an S.E.C. claim for $150 million.

 

BofA reports $5.2 billion quarterly loss

Bank of America Corp. says it lost $5.2 billion during the final three months of 2009 as consumers struggled to make their mortgage and credit card payments.

 

Bank of America names Brian Moynihan CEO

Bank of America names Brian Moynihan CEO

Bank of America appointed senior executive Brian Moynihan as its new chief executive officer, the company said late Wednesday, putting an end to months of ...

 

BofA may extend CEO search into 2010

Bank of America may extend its search for a new chief executive into next year if its board is unable to pick a candidate in the next four days, according to a report on the Bloomberg News website.

 

BofA CEO search to drag until Thanksgiving: report

Bank of America Corp's CEO search could last until Thanksgiving, the New York Post reported on Friday.

 

Bank of America posts $2.24 billion loss

Bank of America posts $2.24 billion loss

Bank of America Corp. says it lost more than $2 billion in the third quarter as its loan losses continued to rise.

 

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