Bank of America settlement likely to benefit few

WASHINGTON - Bank of America's record $16.65 billion settlement...firm that was later bought by Bank of America and that made up the bulk of toxic...changing: After Countrywide, it was Bank of America, later Specialized Loan Servicing...

Bank of America reaches $17 billion settlement with U.S. over sale of securities

...for $13 billion. Like the Bank of America deal, those settlements were...banks promised to provide.The Bank of America settlement was negotiated through...bubble and the ensuing recession.Bank of America had argued that it shouldn't...

Bank of America nears $16 billion-$7 billion settlement with US over sale of securities

WASHINGTON - Bank of America is nearing a $16 billion to...Attorney General Eric Holder and Bank of America CEO Brian Moynihan.The person...Manhattan rejected the claim that Bank of America should avoid penalties for pre-merger...

Bank of America takes $4 billion litigation hit

NEW YORK - Bank of America said Wednesday that its second-quarter...earnings by 22 cents a share.Bank of America also said that it had reached...disclosed.Like its competitors, Bank of America is still dealing with the fallout...

Biz Bits

...judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages...The fine was against Countrywide Financial, which Bank of America purchased in 2008 as the financial crisis was unfolding...

Choking businesses

...McMillan Group International, an Arizona-based gun manufacturer, said her company's 12-year relationship with Bank of America was terminated abruptly, which she sees as a back-door attempt at gun control."This is an attempt by the federal...

Bank of America branch near North Augusta closing in May

A Bank of America branch just outside of North Augusta...the office would close May 16, said Bank of America spokesman Matthew Daily."The closure...he said.Daily said that another Bank of America branch is just two miles away.Though...

Bank of America posts loss, hurt by legal expenses

CHARLOTTE, N.C. - Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal expenses.The Charlotte, N.C...

Former Bank of America CEO Hugh McColl Jr. speaks during Augusta Boy Scouts event

...top accomplishment, the former chairman and CEO of Bank of America said it was building the North Carolina city into a...sports and nightlife.McColl, who retired from Bank of America in 2001, advocated the redevelopment of Charlotte's...

Former Gamecock Ace Sanders facing four-game suspension for violating NFL's substance abuse program

...Pluto may not be considered one now." FOR OPENERS: Tennessee and West Virginia will open the 2018 college season at Bank of America Stadium in Charlotte, N.C., on Sept 1, 2018.