bank of america

Fed Stress Test Results 2015

Twenty eight banks out of 31 have passed the Fed’s annual stress test in the US. As part of the…

10 years ago

Deutsche Bank and Banco Santander fail Fed’s annual stress test

US units of Deutsche Bank AG and Banco Santander SA have failed a US "stress test" designed to assess whether…

10 years ago

What would you do with a $215,238 Christmas present from Bank of America?

A Bank of America’s client claims that he got full access to someone else’s account because they had the same…

10 years ago

Bank of America reports huge drop in profits in Q3 2014

Bank of America has reported a net profit of $168 million in Q3 2014, down from $2.5 billion a year…

10 years ago

Bank of America to pay $16.7 billion mortgage settlement

Bank of America has agreed pay a record settlement of $16.7 billion for misleading investors about the quality of loans…

10 years ago

Bank of America profits fall 43% in Q2 2014

Bank of America has reported a 43% drop in its quarterly profits after a fall in mortgage revenue and a…

10 years ago

Bank of America to pay $864 million in compensation for losses over home loans

The US government is seeking $864 million in compensation from Bank of America for losses over home loans sold to…

11 years ago

Citigroup pays $395 million settlement to Freddie Mac

Citigroup has agreed to pay $395 million to Freddie Mac to settle claims of potential flaws in mortgages it sold…

11 years ago

Bank of America reports sharp rise in profits for Q1 2013 after cost cutting

Bank of America has reported a sharp rise in profits for the first quarter of 2013 after it shed costs…

12 years ago

Bank of America to pay $3.6 billion to Fannie Mae mortgage agency

Bank of America has agreed to pay US government mortgage agency Fannie Mae $3.6 billion to settle claims relating to…

12 years ago

Bank of America sued for $1 billion mortgage fraud

Bank of America is being sued for $1 billion for an alleged mortgage fraud. The civil lawsuit has been brought…

12 years ago

Moody’s downgrades 15 global banks and financial institutions

Credit ratings agency Moody's has decided to downgrade 15 global banks and financial institutions. In the US, Bank of America…

12 years ago