Bank of America in $8.5-billion settlement
NEW YORK - In the biggest reckoning of the 2008 financial crisis, Bank of America said Wednesday it will pay $8.5 billion to investors burned by fraudulent mortgage securities.
Source: KTVQ Billings
-
Say Hello to America’s New Consumer Financial Cop
On July 21, sellers of consumer financial services will be answering to a new sheriff. On that day, the Consumer Financial Protection Bur eau (CFPB), a pet project of President Obama’s consumer finance...
-
USA Mortgages and Credit Repair Helps Americans with Credit Issues
This new business, USA Mortgages and Credit Repair, helps people secure their financial future.Parma, OH (PRWEB) July 16, 2011 The American economy has given most people a pretty bumpy ride over the...
-
Latin American Markets: Brazil stocks decline as overseas worries weigh
Stocks in Latin America fall Tuesday, with Brazil’s benchmark still at a 13-month low, as international financial worries steer investors away from so-called risk assets.
-
Lawsuit settlements to hurt Q2 bank earnings
Lawsuit settlements to hurt Q2 bank earnings The Associated Press Published Jul 12, 2011 04:24PM MDT New York • The largest U.S. banks — from JPMorgan Chase to Bank of America — have been busy...
-
Danville's American National completes merger
American National Bankshares Inc. announced it has completed its merger with MidCarolina Financial Corporation effective Friday.
-
Zacks Investment Ideas feature highlights: Ship Finance International, Hot Topic and Nordic American
Zacks Investment Ideas feature highlights: Ship Finance International, Hot Topic and Nordic American Tanker Shipping
-
Goldman, Bank of America Among Banks Bracing for Job Cuts as Trading Slows
...
-
Former Merrill chief Thain out at Bank of America
NEW YORK – John Thain resigned under pressure from Bank of America on Thursday after reports he rushed out billions of dollars in bonuses to Merrill Lynch employees in his final days as CEO there,...