Bank of america Stories
The Trouble With JPMorgan: BlackRock And Neuberger Berman To Get $5.75 Billion, Similar to Settlement With Bank of America
A bad month is due to get worse as JPMorgan, fresh from a $13 billion DOJ settlement, is facing an additional $5.75 billion blow.
Nearly Half of Super Bowl 2014 Sponsors Are Wall Street Firms
With the 2014 premier sports event happening just across the river from Wall Street, almost half of the 29 host sponsors are big banks and financial firms.
Earnings News: Bank of America Corp. (BAC), PepsiCo Inc. (PEP), Mattel Inc. (MAT) [VIDEO]
Bank of America Corp., PepsiCo Inc. and Mattel Inc. reported fiscal third-quarter earnings on Wednesday.
Bank Of America Tops Analysts' Estimates As Cost-Cutting And Lower Provisions Boost Bottom Line
Bank of America faced the same headwinds as other banks, but its cost-cutting and portfolio-cleanup efforts worked in Q3.
Bank Of America (NYSE:BAC) Earnings Preview: Cost Controls Should Buffer The Bank Somewhat From Weak Mortgage Results
The weakening mortgage sector has plagued banks this quarter, but Bank of America is predicted to escape the worst.
Earnings Preview Q3 2013: Bank Of America Corp (BAC), Citigroup Inc (C), Google Inc (GOOG), Intel Corporation (INTC), The Coca-Cola Company (KO)
Analysts expect S&P 500 companies to report Q3 earnings of about 3%, down from close to 10% at the beginning of 2013.
Wells Fargo & Co (WFC) Earnings Preview: Q3 Profit Up On Reserve Release, Cost Cutting; Mortgage Business Slows
To hand in a decent report card, Wells Fargo may dip into the money it had previously set aside in tougher times to cover bad loans.
Government Shutdown: Mortgages, Credit Cards, Loans And Debits Will Start To Weigh Heavily On Those Federal Employees Who Are Working For Free If A Solution Is Not Reached
It's only day two of the government shutdown, but already workers are wondering when their next checks will come.
Warren Buffett Supports Ben Bernanke Staying As Federal Reserve Chair
"Since the panic of five years ago, he's done a terrific job," he said of Bernanke during a television interview with Bank of America's CEO.
Obama Will Highlight Job Creation On Monday, But U.S. Needs 1.9 Million Jobs Right Now Just To Get Back To Pre-Recession Levels Of Employment
The U.S. president will tout gains of 7.5 million jobs since early 2010. Great, but the U.S. lost 8.7 million.
Verizon Buys Out Vodafone's Stake In Wireless Unit
The $130 billion deal, one of the largest ever, is approved by both boards and announced.
Vodafone, Verizon Agree On $130B Verizon Wireless Deal: Report
One of the biggest acquisitions ever is reported approved, with both boards to vote within hours.
Banks Have Been Fined Nearly $3 Billion By The SEC And Have Spent $66 Billion On Litigation, But One Major Bank Hasn't Paid A Dime And Expects To Pay $0 In Litigation This Year
In three and half years, banks have paid around $66 billion in litigation costs, and that number looks to grow.
The Law Of Jante: How A Swedish Cultural Principle Drives Ikea, Ericsson And Volvo, And Beat The Financial Crisis
The little-known Law of Jante may be the reason that Sweden skimmed over the world's recession relatively unscathed, but at what cost?
Islamic Banks Could Be The Answer To America's Over-reliance On Credit And Risk
Islamic banks offer zero-interest mortgages, and they could be an alternative lender for many U.S. first-time homeowners.
JPMorgan Being Investigated By Justice Department Over Mortgages
The firm increased its estimated legal losses in excess of reserves to $6.8 billion at the end of June.
US Justice Department Accuses Bank Of America Of Mortgage-Backed Securities Fraud
The $850 million suit alleges reckless and fraudulent origination and securitization practices during the home mortgage boom.
Citibank (C) Named America's Worst Bank In Report That Also Says American Banks Stand To Lose $627 Billion
What's more, in the next 12 months, the nation's top banks stand to lose a cumulative $627 billion.
With Earnings Season In Full Flow, Here Is A List Of America's Best Banks
They may not be the household names you're used to, but here's a list of America's best banks.
Mixed Signals For Banks, Investors As Housing Starts Report Shows First Signs Of Sustained Dip
The Commerce Department has reported a dip in housing starts for the month of June. A sustained dip could harm banks' slow recovery in the housing market.
Bank of America Corp Q2 Earnings Preview: Small Gains Predicted In Line With Housing market Recovery, But Rising Rates Could Weigh
Analysts predict an average but positive showing.
Earnings Preview Q2 2013: Bank Of America Corp (BAC), Citigroup Inc (C), Google Inc (GOOG), Microsoft Corporation (MSFT), The Coca-Cola Company (KO)
Get ready for another quarter of weak earnings growth and low expectations.
JPMorgan Chase (JPM) Q2 Earnings Preview 2013: A Year After The London Whale Threatened To Drag It To The Bottom, JPMorgan Looks To Make A Splash Of Its Own As Second Quarter Results Are Released On Friday
For the 4th consecutive quarter since the London Whale debacle, JPMorgan Chase is likely to post increasingly strong profits.
Sidewalk Chalk Artist Acquitted After Facing 13 Years In Jail Over Vandalism
San Diego resident Jeff Olson was facing 13 years in jail for drawing in side walk chalk outside of a Bank of America, but the Occupy-inspired artist was found not guilty on Tuesday.
Chinese Accused Of Inflating Trade Surplus Tenfold
China’s trade surplus is only a tenth of the $61 billion reported so far this year after accounting for fake transactions, Bank of America Corp. says.
Maybe It’s The Lawsuits Stopping Banks From Making Loans
Eric Schneiderman, like many New York attorneys general, is playing politics for the bleachers even though he’s hurting their case.
Wells Fargo, Bank Of America To Be Named In Lawsuit Over New York Mortgage Practices
New York state will sue the pair for violating the National Mortgage Settlement agreement.
TARP Oversight Official Says Banks Are Too Interconnected To Rule Out Future 'Too Big To Fail' Taxpayer Bailouts Of Nation’s Largest Banks
The Troubled Asset Relief Program’s special inspector general warned that taxpayers are still on the hook for giant bank collapses.
Pre-Market Movers (Netflix, Toll Brothers, Aixtron, ARM Holdings, Bank of America, PulteGroup, Silver Wheaton, RadioShack, Autoliv)
Netflix, Inc, Toll Brothers, Aixtron, ARM Holdings, Bank of America, PulteGroup prevailed in the pre-market trading on Tuesday.
US Stock Futures Signal Higher Open Ahead of Jobless Claims Data
U.S. stock index futures point to a higher open Thursday ahead of the publication of the Labor Department's weekly jobless claims data.