Bank of America News (NYSE:BAC)

DateTimeSource
Headline
09/23/201612:20PMDJNBofA Moves to Smooth Impact of Rate Swings
Bank of America Corp.'s earnings likely will be less volatile from quarter to quarter as the result of an accounting change the bank announced Friday. In a Securities and Exchange Commission filing, Bank of America said it would change an accounting method that has boosted its reported net interest income when long-term... More...>>
09/23/201612:13PMDJNBank of America Moves to Smooth Impact of Interest-Rate Swings
By Michael Rapoport Bank of America Corp.'s earnings likely will be less volatile from quarter to quarter as the result of an accounting change the bank announced Friday. In a Securities and Exchange Commission filing, Bank of America said it would change an accounting method that has boosted its reported net interest... More...>>
09/22/20162:20PMDJNCharlotte Authorities Seek to Restore Order After Two Nights of Violence
CHARLOTTE, N.C.—Workers swept up glass and police officers patrolled the misty downtown streets Thursday morning, as they sought to restore order after officials said riots Wednesday night left one protester on life support. The looting and vandalism marked a second night of mayhem in North Carolina's largest... More...>>
09/22/20162:10AMDJNOne Person Shot as Charlotte Protests Continue
CHARLOTTE, N.C.—A person was shot and an officer was injured during a second night of protests following the fatal police shooting of a black man the day before. The protester was shot by a civilian downtown just after 8 p.m., according to the city of Charlotte, and was on life support as of late Wednesday. The Charlotte-Mecklenburg... More...>>
09/19/20166:00AMBWBank of America Commits to Carbon Neutrality and 100 Percent Renewable Electricity by 2020
New Operations Goals Strengthen the Company’s Ongoing Commitment to Reducing Impact on the Environment Bank of America announces new environmental operations goals to be met by 2020, including plans to go carbon neutral. This announcement supports the bank’s continued efforts to reduce the environmental impacts of... More...>>
09/15/20166:10PMDJNDeutsche Bank Is Asked to Pay $14 Billion to Resolve U.S. Probe
The U.S. Justice Department proposed that Deutsche Bank AG pay $14 billion to settle a set of high-profile mortgage-securities probes stemming from the financial crisis, according to people familiar with the matter, a number that would rank among the largest of what other banks have paid to resolve similar claims and is... More...>>
09/13/20161:07PMDJNMerrill Lynch Broker Team With $550 Million in Assets Resigns -- Wealth Manager
By Veronica Dagher Two Merrill Lynch brokers who managed $550 million in client assets have resigned to launch a boutique advisory focused on international clients, joining a number of small adviser groups to leave big firms to offer more specialized services. Advisers Elizabeth van Walleghem and Thomas J. Butler III on... More...>>
09/13/201611:00AMBWThe Bank of America Shamrock Shuffle 8K Kicks Off the 2017 Chicago St. Patrick’s Day Celebration With Early Registration La...
Runners Who Register Early Will Save! Registration for the 2017 Bank of America Shamrock Shuffle 8K opens today at 10 a.m. Central Time. The classic road race is an annual tradition for runners looking to continue the St. Patrick’s Day celebration in Chicago with a green-infused fun run through the heart of downtown... More...>>
09/10/20163:03AMDJNBofA Settles Case With Ex-Advisers -- WSJ
Bank to pay $12.8 million to ex-Merrill employees over withheld bonuses By Christina Rexrode Bank of America Corp. agreed to a $12.8 million settlement with a group of former Merrill Lynch advisers who had alleged that the bank wrongfully withheld some of their bonus payments. The settlement, approved Tuesday by a U.S... More...>>
09/08/20164:10PMDJNBank of America in Settlement With Former Merrill Brokers
Bank of America Corp. agreed to a $12.8 million settlement with a group of former Merrill Lynch advisers who had alleged that the bank wrongfully withheld some of their bonus payments. The settlement, approved Tuesday by a U.S. District Judge in North Carolina, will give cash payments to about 270 former Merrill Lynch... More...>>
09/08/201612:59PMDJNFormer Merrill Lynch Brokers, Bank of America Agree to Settlement
By Christina Rexrode Bank of America Corp. agreed to a $12.8 million settlement with a group of former Merrill Lynch advisers who had alleged that the bank wrongfully withheld some of their bonus payments. The settlement, approved Tuesday by a U.S. District Judge in North Carolina, will give cash payments to about 270... More...>>
09/07/20169:10PMDJNBills Aimed at Curbing SEC Face Veto Threat
The Obama administration threatened to veto two bills that would scale back the Securities and Exchange Commission's oversight of fundraising by small companies and its regulation of private-equity managers. The House is scheduled to vote Thursday or Friday on the legislation, which reflects Republicans' desire... More...>>
09/05/20166:19AMPRNUSShopping Centre Giant intu Launches a New Breed of Credit Card in Collaboration with Credit Card Experts MBNA
Shopping Centre Giant intu Launches a New Breed of Credit Card in Collaboration with Credit Card Experts MBNA PR Newswire CHESTER, England, September 5, 2016 CHESTER, England, September 5, 2016 /PRNewswire/ -- intu and MBNA today announce a ground-breaking commercial agreement - believed to be a UK first - reaching a potential... More...>>
09/05/20166:19AMPRNUSShopping Centre Giant intu Launches a New Breed of Credit Card in Collaboration with Credit Card Experts MBNA
Shopping Centre Giant intu Launches a New Breed of Credit Card in Collaboration with Credit Card Experts MBNA PR Newswire CHESTER, England, September 5, 2016 CHESTER, England, September 5, 2016 /PRNewswire/ -- intu and MBNA today announce a ground-breaking commercial agreement - believed to be a UK first - reaching a potential... More...>>
08/29/201612:58PMDJNAirbnb Income: Will It Mess With Your Mortgage 'Refi'?
By Peter Rudegeair Room-rental services such as Airbnb Inc. are blurring the line between residential and commercial property. That is causing problems for some homeowners looking to refinance mortgages. Big banks including Bank of America Corp. and Wells Fargo & Co. are subjecting some refinance customers who rent... More...>>
08/24/201612:04PMDJNPharMerica Exploring Strategic Alternatives, Including Sale -Reuters
PharMerica Corp. (PMC) is exploring strategic alternatives, including a potential sale of the company, a manager of long-term care facilities, Reuters reported Wednesday on its website, citing people familiar with the matter. PharMerica is being advised by Bank of America Corp. (BAC) and UBS Group AG (UBS), the people... More...>>
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...>>
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