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Major Insurer's Lawsuit Against Bank Of America Gets Easier

The Huffington Post | Alexander Eichler | Posted 01.04.2012 | Business

The bad news continues to pile up for Bank of America, with a New York state court issuing a ruling Tuesday that will make it easier for a major bond ...

Bank Of America's Won't Deposit New Bride's Checks

Posted 01.04.2012 | Business

A branch of Bank of America in Albany, New York, refused to let a new bride deposit her wedding checks because she kept her maiden name, her husband P...

BofA May Get To Move Its $8.5 Billion Settlement Back To State Court

Posted 12.27.2011 | Business

(JONATHAN STEMPEL, Reuters) - An appeals court on Tuesday granted an appeal of a controversial ruling that moved consideration of Bank of America Corp...

BofA Shares Dip Below $5 For The First Time Since March 2009

Posted 12.19.2011 | Business

Shares of Bank of America Corp traded below $5 on Monday for the first time since the depths of the current bear market in March 2009. The stock h...

Bianca Bosker

Fake Google+ Profile Looks Bad For Bank Of America, But Worse For Google

HuffingtonPost.com | Bianca Bosker | Posted 11.16.2011 | Technology

A Google+ account titled “Bank of America” posted a series of updates last week mocking homeowners who couldn’t pay their mortgages. “Big c...

Molly Katchpole Pulls a David on Goliath Bank of America

Yvette Kantrow | Posted 01.15.2012 | College
Yvette Kantrow

Clearly, the success of her campaign is a victory for social media and a demonstration of its power to get the masses involved in a cause.

Zach Carter

Move Your Money Activists Prepare For Bank Transfer Day On Nov. 5

HuffingtonPost.com | Zach Carter | Posted 01.04.2012 | Politics

WASHINGTON -- While major banks pride themselves on "financial innovation," they always function in a way that stays fundamentally the same: They hold...

BofA Threatens Foreclosure On Already-Sold Home

The Huffington Post | Harry Bradford | Posted 01.03.2012 | Business

How could a home be repossessed when it's no longer in the homeowner's possession? One family in Utah asked itself the same question. Shantell Curt...

Bank Of America Retreating From Debit Card Fee, Reformer Keeps Pressure On

The Huffington Post | Luke Johnson | Posted 12.31.2011 | Politics

Bank of America is reportedly scaling back its plans to charge a $5 debit card fee to its customers, but Rep. Brad Miller (D-N.C.) is still pushing le...

BofA Reports First Increase In Customer Late Payments In A Year

Posted 12.17.2011 | Business

NEW YORK (AP) -- Bank of America Corp. on Monday reported a small increase in customer late payments for September. It was the first increase Bank ...

Fed Up With Wall Street's Greed? Time to Put Bank of America on Notice

Rebecca Tarbotton | Posted 12.12.2011 | Green
Rebecca Tarbotton

The Rainforest Action Network has been campaigning to get the big Wall Street banks to quit funding coal and driving climate change for years now. So it may seem, on the face of it, like the Occupy Wall Street fight is not quite the same as our fight. But it really is.

Bank of America, Adam Smith and a Fee Market System

Adam Levin | Posted 12.09.2011 | Business
Adam Levin

In keeping with the new Durbin-inspired trend of candor and brevity, Bank of America CEO Brian Moynihan justified the new fee by saying, "we have the right to make a profit." Translation: I think they need the dough.

Jordan Howard

22 Year Old Gathers 137,000 Signatures To Protest Bank Of America New Debit Fee

HuffingtonPost.com | Jordan Howard | Posted 12.06.2011 | DC

WASHINGTON -- Molly Katchpole had enough. A recent college graduate living in the nation's capital, she decided she couldn't afford Bank of America's ...

JPMorgan, Bank of America, Wells Fargo Accused Of Overcharging Military Veterans

The Huffington Post | Alexander Eichler | Posted 12.05.2011 | Business

In what is only the latest instance of questionable mortgage practices coming to light, a new lawsuit claims that 13 banks and mortgage companies -- i...

Alexander Eichler

Banks Left Bailout Program Early To Avoid Restrictions On Executive Pay: Report

HuffingtonPost.com | Alexander Eichler | Posted 11.29.2011 | Business

In the wake of the financial crisis, a number of the nation's largest banks were excused from the government's rescue program before they had returned...

Moody's Downgrades BofA's Debt Rating

Posted 11.21.2011 | Business

Moody's Corp on Wednesday cut the debt ratings of Bank of America Corp, Wells Fargo & Co and Citigroup Inc, three of the largest U.S. banks, on worrie...

William Alden

Wall Street Banks Sued For Massive Fraud In Subprime Deals

HuffingtonPost.com | William Alden | Posted 11.02.2011 | Business

The federal government late Friday filed lawsuits against 17 financial institutions, including some of the nation’s largest banks, alleging a patter...

How Buffett's BofA Deal Could Erode Confidence In Banking Sector

The New York Times | JESSE EISINGER | Posted 11.01.2011 | Business

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Federal Agency Objects To Bank Of America's $8.5 Billion Settlement

The Huffington Post | Alexander Eichler | Posted 10.29.2011 | Business

In June, a director at Bank of America described the company's 2008 acquisition of Countrywide Financial -- the mortgage lender whose holdings include...

William Alden

Is Warren Buffett Betting Bank Of America Is Too Big To Fail?

HuffingtonPost.com | William Alden | Posted 10.25.2011 | Business

NEW YORK -- The multi-billion dollar capital injection that Bank of America said it's getting from Warren Buffett's company is an extremely safe inves...

Meredith Whitney: BofA Not In 'Mad Dash' To Immediately Raise Money

Posted 10.24.2011 | Business

By Mark Gongloff of the Wall Street Journal Why were we waiting for Ben Bernanke to rescue the stock market? Meredith Whitney’s been here all alo...

Zach Carter

Former Lawmaker Decries Corporate Control Of Government

HuffingtonPost.com | Zach Carter | Posted 10.24.2011 | Politics

WASHINGTON -- Lawmakers rarely speak candidly about the relationship between large corporations and government, avoiding the ugly realities surroundin...

Bank Of America Stock Drops 20 Percent Following $10 Billion Lawsuit

The Huffington Post | Alexander Eichler | Posted 10.08.2011 | Business

Bank of America stocks tumbled 20 percent on Monday as investors reacted in part to a $10 billion lawsuit that the insurance corporation American Inte...

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 asset...

BofA Loses Bid To Dimiss Mortgage Lawsuit

Posted 09.06.2011 | Business

NEW YORK (Jonathan Stempel) - Bank of America Corp lost its bid to dismiss a lawsuit accusing it of reneging on promises to help borrowers modify thei...