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Bank of America News (NYSE:BAC)

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08/23/20163:02AMDJNU.S. Loses Appeal of Decision on BofA Fine -- WSJ
By Christina Rexrode An appellate court on Monday declined to reconsider its decision to throw out a mortgage-fraud case against Bank of America Corp., a blow to the Justice Department as it tried to rescue one of its highest-profile cases tied to the financial crisis. Judges for the Second U.S. Circuit Court of Appeals... More...>>
08/22/20165:42PMDJNU.S. Loses Appeal of Decision Tossing Bank of America Fine -- 2nd Update
By Christina Rexrode An appellate court on Monday declined to reconsider its decision to throw out a mortgage-fraud case against Bank of America Corp., a blow to the Justice Department as it tried to rescue one of its highest-profile cases tied to the financial crisis. Judges for the Second U.S. Circuit Court of Appeals... More...>>
08/22/20165:33PMDJNU.S. Loses Appeal of Decision Tossing Bank of America Fine -- Update
By Christina Rexrode An appellate court on Monday declined to reconsider its decision to throw out a mortgage-fraud case against Bank of America Corp., a blow to the Justice Department as it tried to rescue one of its highest-profile cases tied to the financial crisis. Judges for the Second U.S. Circuit Court of Appeals... More...>>
08/22/20164:50PMDJNGovernment Loses Appeal of Decision Tossing Bank of America Fine
An appellate court on Monday declined to reconsider its decision to throw out a mortgage-fraud case against Bank of America Corp., a blow to the Justice Department as it tried to rescue one of its highest-profile cases tied to the financial crisis. Judges for the Second U.S. Circuit Court of Appeals in New York said in... More...>>
08/22/20164:39PMDJNCourt Denies Government's Request to Reconsider Tossing Bank of America Fine
By Christina Rexrode An appellate court on Monday declined to reconsider its decision to throw out a mortgage-fraud case against Bank of America Corp., a blow to the Justice Department as it tried to rescue one of its highest-profile cases tied to the financial crisis. Judges for the Second U.S. Circuit Court of Appeals... More...>>
08/20/20161:35PMDJNBofA Equity Capital Markets' Deignan to Depart for Lazard --Update
By Maureen Farrell Mary Ann Deignan, co-head of global equity capital markets at Bank of America Corp., is leaving the bank to join Lazard, according to a spokesman for Bank of America. Ms. Deignan will be part of the Lazard corporate preparedness team where she will be focused on activist and corporate governance advisory... More...>>
08/20/20161:07PMDJNBofA Equity Capital Markets Co-head Deignan to Depart for Lazard
By Maureen Farrell Mary Ann Deignan, co-head of global equity capital markets at Bank of America Corp., is leaving the bank to join Lazard, according to a spokesman for Bank of America. Ms. Deignan will be part of the Lazard corporate preparedness team where she will be focused on activist and corporate governance advisory... More...>>
08/18/20163:02AMDJNMoneyBeat: BofA Investors Covet an Activist -- WSJ
By Christina Rexrode It could have been Bank of America Corp. Activist investor ValueAct Capital Management LP took Wall Street by surprise when it disclosed Monday that it had bought a stake in Morgan Stanley, flouting conventional wisdom that activists don't engage in banking because there are too many regulations... More...>>
08/17/20163:20PMDJNBroadcom Nearing Deal to Settle Lawsuit Over 2014 PLX Technology Takeover
Broadcom Ltd. is nearing a deal to settle a shareholder lawsuit accusing it of underpaying in a 2014 takeover of PLX Technology Inc., according to people familiar with the matter, a case that also leveled allegations of conflicts of interest at PLX's bankers. Avago Technologies Ltd., a predecessor of Broadcom, bought... More...>>
08/15/20162:27PMBWHagens Berman: Appeals Court Reverses RICO Fraud Class Action Against Bank of America, Allowing Homeowners’ Lawsuit to Proc...
Massive consumer victory upholds claims that BoA’s HAMP mortgage-modification program was a RICO enterprise Today, the U.S. Circuit Court of Appeals for the Tenth Circuit held that Hagens Berman and their clients can proceed on their claims that Bank of America’s massive Home Affordable Modification Program (HAMP... More...>>
08/10/201610:00PMDJNFifth Third Fired Counsel Over Relationship With Fannie CEO
Fifth Third Bancorp, Ohio's largest bank, fired its general counsel last month because she was having a romantic relationship with the chief executive of Fannie Mae, Timothy Mayopoulos. Fifth Third last month said Heather Russell, who was chief legal officer and corporate secretary for less than year, departed following... More...>>
08/09/201612:35PMDJNBig Banks Team Up to Fight Cyber Crime
By Robin Sidel Big banks are revving up efforts to combat cybercriminals targeting the financial-services industry. Eight of the largest U.S. banks are forming a group that seeks to tackle the growing cyberthreat. It includes J.P. Morgan Chase & Co., Bank of America Corp. and Goldman Sachs Group Inc., among others... More...>>
08/05/20163:02AMDJNU.S. Appeals Reversal Of a Crisis-Era Case -- WSJ
By Aruna Viswanatha WASHINGTON -- The Justice Department asked a federal appeals court to reconsider its ruling throwing out a civil mortgage-fraud case against Bank of America Corp., in an uphill effort to rescue one of its highest-profile cases tied to the financial crisis. The U.S. attorney's office in Manhattan... More...>>
08/04/20167:22PMDJNJustice Department Appeals Ruling Throwing Out Crisis-Era Bank of America Case -- Update
By Aruna Viswanatha WASHINGTON -- The Justice Department asked a federal appeals court to reconsider its ruling throwing out a civil mortgage-fraud case against Bank of America Corp., in an uphill effort to rescue one of its highest-profile cases tied to the financial crisis. The U.S. attorney's office in Manhattan... More...>>
08/04/20166:05PMDJNJustice Department Appeals Ruling Throwing Out Crisis-Era Bank of America Case -- Update
By Aruna Viswanatha WASHINGTON -- The Justice Department asked a federal appeals court to reconsider its ruling throwing out a civil mortgage-fraud case against Bank of America Corp., saying the court had "overlooked a wealth of evidence" in reaching its decision. The Second U.S. Circuit Court of Appeals in New... More...>>
08/04/20165:40PMDJNJustice Department Appeals Ruling Throwing Out Crisis-Era Bank of America Case
WASHINGTON—The Justice Department asked a federal appeals court to reconsider its ruling throwing out a civil mortgage-fraud case against Bank of America Corp., saying the court had "overlooked a wealth of evidence" in reaching its decision. The Second U.S. Circuit Court of Appeals in New York had ruled... More...>>
08/04/20165:29PMDJNJustice Department Appeals Ruling Throwing Out Crisis-Era Bank of America Case
By Aruna Viswanatha WASHINGTON -- The Justice Department asked a federal appeals court to reconsider its ruling throwing out a civil mortgage-fraud case against Bank of America Corp., saying the court had "overlooked a wealth of evidence" in reaching its decision. The Second U.S. Circuit Court of Appeals in New... More...>>
08/04/20162:24PMDJNAnother Former Merrill Broker Makes His Way Back -- Street Moves
By Michael Wursthorn Another Merrill Lynch alumnus has returned to the Bank of America Corp.-owned brokerage, making him the latest "boomerang broker" among the four big Wall Street players. Merrill Lynch said Thursday that Habib Yousefzadeh joined its Oklahoma City branch late in July from rival Morgan Stanley... More...>>
08/03/20169:00AMBWBank of America Survey Finds Women Small Business Owners More Optimistic Compared to Men on Revenue and Growth Outlook
Women Small Business Owners Divided on Limits of the Glass Ceiling Women small business owners are feeling more optimistic about annual revenue and growth expectations than their male counterparts, according to the inaugural Bank of America Women Business Owner Spotlight, a study based on a survey of 1,000 small business... More...>>
08/03/20163:02AMDJNThe New Thorn In the Sides Of Big Banks -- WSJ
By Christina Rexrode Joel Liberson's mortgage lawsuits against Bank of America Corp. and Wells Fargo & Co. follow a now-familiar template: accuse big banks of targeting minority borrowers with unfair loans that fed a housing crisis. What is unusual is his client. Mr. Liberson, a 52-year-old lawyer who has devoted... More...>>
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