BofA Resorts To Window Dressing

Bank of America Corporation (NYSE:BAC) has confessed that it had incorrectly reported approximately $573 million to $10.7 billion in short-term lending and repurchase deals – or ‘repos’ – as s...

Tags:

BofA Beats On Lower Credit Costs

Bank of America Corporation’s (NYSE:BAC) second quarter 2010 earnings came in at 27 cents per share, 3 cents ahead of the Zacks Consensus Estimate of 24 cents. However, this compares unfavorably wit...

Tags:

BofA To Cut 50 Jobs In Tampa

In order to use its resources more efficiently following a business restructuring, Bank of America Corp. (NYSE:BAC) is planning to retrench 50 employees in the Tampa area by the end of August 2010. T...

Tags:

BofA Starts New Global Platform

Bank of America Corporation (NYSE:BAC), on Thursday, announced the setting up of a new platform to improve the delivery of its Global Liquidity Product offering.   The new Global Liquidity Platfo...

Tags:

BofA Completes First Republic Sale

On Thursday, Bank of America Corporation (NYSE:BAC) announced the completion of sale of its First Republic Bank to a group of investors led by Colony Financial Inc. (CLNY) and General Atlantic LCC. Bo...

Tags:

BofA Modifies 70,000 Under HAMP

In an effort to address the ongoing foreclosure crisis of the nation, Bank of America Corp. (NYSE:BAC) said on Tuesday that it has completed more than 70,000 mortgage modifications under the federal g...

Tags:

BofA Set To Attract New Investors

On Thursday, Bank of America Corp. (NYSE:BAC) announced that it expects to start an online trading service on June 21, which will likely attract young and new investors. The new service, Merrill ...

Tags:

BofA To Expand Health Coverage

Bank of America Corp. (NYSE:BAC) said on Tuesday that in order to partly comply with the government’s requirements under the new federal health care regulation in advance, it is planning to expand h...

Tags:

BofA To Pay $195,000 To Missouri

The Missouri Attorney General announced on Thursday that Bank of America Corp. (NYSE:BAC) will pay $195,000 as settlement charges to the state for violating telemarketing laws.   Despite phone nu...

Tags:

BofA’s Mortgage Forgiveness On Track

As part of the execution of its previously announced mortgage forgiveness program, Bank of America Corp. (NYSE:BAC) said on Wednesday that it has got in touch with 10,000 of the most distressed mortga...

Tags: