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Bank Of America Told Fed It Could Sell Branches In Emergency

Reuters | Posted 03.14.2012 | Business

(Adds details on Fed plan from source, background) Jan 13 (Rick Rothacker, Reuters) - Bank of America Corp told Federal Reserve off...

BofA's Appalling Foreclosure Battle With Paralyzed Man

The Huffington Post | Harry Bradford | Posted 01.12.2012 | Business

A quadriplegic man in Oregon has been battling banks to keep his home since 2003. And just when he thought the fight was finally over, Bank of America...

Bank Of America Plaza Threatened WIth Foreclosure

The Huffington Post | Harry Bradford | Posted 01.10.2012 | Business

In an ironic twist, a building bearing the name of a bank closely associated with the foreclosure crisis may soon be facing foreclosure itself. Ba...

Washington and Banks Don't Understand Small Businesses Are the Engine of Economic Growth in America

Lloyd Chapman | Posted 03.05.2012 | Small Business
Lloyd Chapman

Let me give you some advice I have been giving to people for a decade: quit listening to what your politicians are saying and start watching what they are doing. If you look past the propaganda you'll see that the U.S. government is anti-small business.

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 ...

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 sto...

White House: JPMorgan Not Doing Enough To Help Americans Avoid Foreclosures

AP | By DEREK KRAVITZ | Posted 02.06.2012 | Business

WASHINGTON -- JPMorgan Chase & Co., one of the nation's largest mortgage lenders, is not doing enough to help Americans avoid foreclosures, the Obama ...

Bank Of America Settles Investors' Mortgage Lawsuit For $315 Million

AP | Posted 02.05.2012 | Business

NEW YORK - Bank of America has agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold b...

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.

Banks Scrambles For New Revenue Sources After Debit Card Fee Debacle

AP | By PALLAVI GOGOI | Posted 01.04.2012 | Business

NEW YORK -- After an intense public backlash, Bank of America and other banks have backed off charging monthly debit card fees. It's a victory for an...

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 w...

FDIC Approves New Bank Regulations

AP | Posted 11.13.2011 | Business

WASHINGTON — The largest U.S. banks will be required to show regulators how they would break up and sell off their assets if they are in danger ...

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...