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Bank of America

Bank of America Reaches Tentative Settlement with Justice Department

Bank of America is closing in on a settlement that would total $16 or $17 billion and would resolve the…

Second-Quarter Earnings for Bank of America Drop by 43 Percent

The profit for Bank of America dropped by 43 percent in the second-quarter, mostly because of a large legal expense…

Warren Buffett Says to Bank of America ‘You Do the Best You Can’

Warren Buffett invested $5 billion in Bank of America Corp., and said that according to Bloomberg News, he is confident…

Bank of America Introduces “SafeBalance” Account; For a Fee

Bank of America announced a new account for customers called the "SafeBalance" account. The account costs customers $4.95 per month…

Sunny Tadjudin vs Bank of America

In the United Kingdom, there appears to be an emerging trend of recognizing the implied anti-avoidance term in employment contracts.…

U.S. Banks in Trouble

U.S. banks are having money trouble, according to CNBC. The subprime mortgage crisis is resulting in many banks having to…

Bank of America Found Liable for Defective Mortgages

The federal prosecutors seeking out those responsible for the housing crisis of 2008 have just gained an encouraging victory in…

Dewey Sues to Reclaim $5.7 Million Spent When they were Already Insolvent

How much work does it take to bring a law firm into bankruptcy? In the case of Law Firm Giant…

Former BoA Employees File Complaint Alleging Fraudulent Home Loan Practices

Six former Bank of America employees allege that their former employer engaged in an active campaign to deny eligible home…

Bank of America Wriggles Off Hook Over Merrill Charges

Bank of America may have wriggled off the hook over a 2010 case in which they are accused of misleading…

Bank of America’s Use of Fraud Statute Challenged

Thomson Reuters reported U.S. District Judge Jed Rakoff challenged a fraud statute the United States government applied against Bank of…

MBIA Sued by Bank of America

MBIA Inc has been sued by Bank of America Corp in a state court in New York for interfering with…