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Bank of America Loss

BofA Posts $8.8 Billion Loss After Mortgage Settlement

Posted 09.18.2011 | Business

Bank of America Corp posted a second-quarter net loss after an $8.5 billion settlement with mortgage bond investors. The largest U.S. bank by a...

Bank Of America Posts Big Loss On Bad Home Loans

AP | PALLAVI GOGOI | Posted 05.25.2011 | Business

It should come as no surprise that Brian Moynihan, CEO of Bank of America Corp., wants to put 2010 behind him. "Last year was a necessary repair and ...