Displaying all articles tagged:

Bank Of America

  1. money
    Bank of America Ordered to Pay $150 Million in Fines for Fraudulent ChargesThe bank was found to have charged consumers duplicate overdraft fees and withheld promised sign-up bonuses, among other offenses.
  2. The Worst Company in America Turns a PageBank of America’s mortgage-related legal costs just might be behind it now, with a new $17 billion deal with the government. 
  3. photo op
    Bank of America Solicits Customer ‘Lisa Is a Slut McIntire’The most aggressive junk mail of the year so far.
  4. white men with money
    Judge Signs Off on Bank of America’s $8.5 Billion Investor Settlement Which they first agreed to pay over two years ago.
  5. big trouble
    The United States Wants Bank of America to Pay $864 Million in Penalties For selling defective loans to Fannie Mae and Freddie Mac.
  6. how screwed is this bank?
    How Screwed Is This Bank? Goldman Sachs and Bank of America EditionPlus, a Citigroup callback!
  7. main street vs. wall street
    What Do People on Main Street Think About Wall Street?I road-tripped to six states to find out.
  8. racism
    Lawsuits Allege Racism at Bank of America and Cantor FitzgeraldAllegations include the use of “monkey noises.”
  9. bad moody’s
    Moody’s Takes Big Banks Down a Notch or, in Most Cases, TwoOddly, some banks are relieved.
  10. pink slips
    Bank of America Planning 2,000 Jobs Cuts From Investment UnitsAn effort to balance costs and revenue.
  11. Brian Moynihan Slickly Ignores Bra-Baring Hecklers at Banking Talk“As I said,” the BofA CEO deadpanned, and the crowd went wild.
  12. money
    Banks Determined to Sneak in New FeesBank of America customers are going to pay more eventually.
  13. Bank of America Declares Living Customer Dead, and Other Bank OopsiesThe most common: accidental foreclosures.
  14. lawsuits
    New York Attorney General Sues Big Banks for Fraudulent ForeclosuresBank of America, JPMorgan Chase, and Wells Fargo are all accused of deceit in relation to mortgage-backed securities.
  15. finance
    Bank of America Shakes Up Investment Banking DivisionChristian Meissner will take the helm of the global investment banking division.
  16. white men with slightly less money
    Bank of America Pay Will Indeed Drop SharplySalary and bonus pay will drop around 25 percent.
  17. early and awkward
    Bank of America Stadium Hosting Obama DNC SpeechThat’s kind of awkward. 
  18. credit crunch
    Bank of America Cuts Off Credit to Some Small Businesses The faucet is off for some small businesses.
  19. lawsuits
    Bank of America Settles Discrimination Suit for $335 MillionBlame Countrywide!
  20. white men losing money
    Bank of America Had a Real Case of the MondaysWorse than yours, probably.
  21. banking
    Regulators Warn Bank of America to Get StrongerOr else.
  22. lawsuits
    Merrill Lynch Reportedly Settles Suit for $315 MillionThat would make it the biggest mortgage-backed securities settlement yet.
  23. business
    Bank of America Hired Malcolm Gladwell to Woo Small Business OwnersHe gave three speeches and was probably paid handsomely.
  24. money
    Bank Fees Are Hiding EverywhereThey have to earn money somehow.
  25. banking
    Debit Card Fees on Hold at Bank of America, Chase, and Wells FargoEnjoy the extra $5 a month while it lasts.
  26. End of No-Fee Banking One Step CloserBofA: $5-a-month debit cards.
  27. finance
    Bank of America Is Getting Out of the Pizza BusinessThey’re looking to divest from Pizza Hut.
  28. white men losing money
    Bank of America Will Cut 30,000 Jobs and $5 Billion in Annual Expenses [Updated]Those are large numbers.
  29. white men losing money
    Bank of America Had a ‘Tuesday Massacre’Two top execs are gone and two are moving up.
  30. bank of america
    Federal Reserve Asks Bank of America to Get ExistentialAnd write its own ‘Worst-Case Scenario Survival Handbook.’
  31. fannie and freddie
    After Three Years, U.S. Getting Around to Suing Some Banks [Updated]Bank of America, JPMorgan, Goldman, Deutsche, etc.
  32. white men with money
    Bank of America Sells Stake in Chinese Bank for $8 BillionIt’s a nice boost to their capital reserves.
  33. wall street
    Warren Buffett Investing $5 Billion in Bank of AmericaTo the rescue again!
  34. white men with money
    Bank of America Goes After BloggerHe’s an ex-Wall Street guy, but still.
  35. rick rolling
    Was a Shady-Seeming Interaction Between a Bank Executive and Rick Perry Actually Shady?A man very slyly says to Perry, “Bank of America, we will help you out.”
  36. bank of america
    Bank of America CEO Warns of LayoffsAnd there could be more to come.
  37. wall street
    AIG Suing Bank of America for Financial Crisis LossesSomeone has to pay.
  38. white men with money
    Bank of America Will Pay Back the Little Guys Who Got Screwed by Mortgage-Backed SecuritiesLike Black Rock, Met Life Insurance, and the New York Fed.
  39. bank of america
    New Probe Targeting Bank of AmericaAnd its mortgage-backed-securities division.
  40. moody moody’s
    Moody’s to Congress: No, Seriously, Raise the Debt CeilingOr we’ll lower your credit rating!
  41. party like it’s 1999
    Goldman Sachs Proves Wall Street Didn’t Screw LinkedIn“Which bank, after all, is the greediest and most knowledgeable of them all?”
  42. bankers delight
    SEC Probes Bank of America, Citigroup, UBS for Manipulating Banking RatesThe SEC is very probe-happy these days, no?
  43. tarpies
    Citigroup Received More Bailout Money Than Any Other Bank $476.2 billion in cash and guarantees.
  44. loose lips
    Hackers From Anonymous Post Bank of America DocumentsIs this the big Bank of America leak we were promised?
  45. loose lips
    Stephen Colbert Breaks Down the Case of the Government-Prescribed Corporate Hacker Who Failed to Bring Down WikiLeaksIn a glorious three and a half minutes.
  46. bad bank!
    Banks to Homeowners: We’re In Ur Houses, Changin’ Ur LockzGiving new meaning to the term “bank robbers.”
  47. loose lips
    Bank of America Prepares to Get WikiLeaked by Buying Up Negative Domain NamesBad news for anyone who wanted to own BrianMoynihanSucks.com.
  48. making an assange out of bofa
    WikiLeaks Targeting Bank of America? (Updated)A 2009 interview with the founder and suspected half-vampire Julian Assange suggests possibly.
  49. bons mots
    BofA CEO: Banking After the Mortage Crisis Is Like Fighting in a War Before Weapons“It’s a day-to-day, hand-to-hand combat.”
  50. wall street justice
    Peter Kraus Finally Loses Some MoneyRecession finally catches up to man who made $25 million in three months at Merrill Lynch.
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