Bank of America
The latest news on Bank of America
CHARLOTTE, N.C. (AP) — Bank of America has reached a settlement with Fannie Mae on residential mortgage loans sold by the bank and its Countrywide unit to the agency ahead of the nation's 2008 financial crisis.
NEW YORK (AP) — Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000.
The recent charges of fraud against Bank of America prove the need to manage our economy in such a way that future generations can still meet their needs.
A new federal lawsuit against Bank of America helps explain why lending has become so strict.
Bank heist suspects throw handfuls of cash out the window, luring people into cops' way.
Thieves, who are still at large, strapped fake bomb to bank manager and coerced her to hand over cash.
Banks know they won't be prosecuted for illegal dealings, so they aren't afraid of criminal activity.
An estimated $1.5 trillion was stolen from customers in the LIBOR scandal.
The vast majority of Wall Street marketing execs say the industry is responsible for its bad reputation.
It's time for the government to adopt a mortgage-to-lease program.