Dec 3, 2012 After reversing a plan last year to charge a monthly fee for debit cards, Bank of America reportedly is delaying new checking account fees.
Nov 8, 2012 After losing her job teaching at a high school in the county jail, Donielle Lawson wants to stay in education.
Oct 25, 2012 Federal prosecutors in New York are accusing the bank of defrauding the government by rushing home loans through the approval process, then selling them to Fannie Mae and Freddie Mac.
Oct 24, 2012 The Justice Department says Countrywide Financial -- which B of A bought in 2008 -- cranked out bad home loans without proper checks to make sure they were legit, and then sold those mortgages to Fannie Mae and Freddie Mac.
Oct 18, 2012 Seasonally adjusted claims for unemployment insurance rose by 46,000 last week, or about 13 percent. Is this a blip or the start of a new trend?
Sep 28, 2012 Bank of America will pay $2.4 billion to shareholders who accused it of withholding negative information about Merrill Lynch's finances.
Heidi N. Moore
Sep 28, 2012 Bank of America will pay $2.4 billion to shareholders as part of a settlement announced this morning. It's compensation for maybe not sharing the whole story when B of A bought the failing brokerage Merrill Lynch in 2008.
Heidi N. Moore
Sep 21, 2012 Bank of America, bloated by national expansion and saddled with bad mortgages, is speeding up its plan to cut 30,000 jobs. The Wall Street Journal says the bank could reach its downsizing goal a year early.
Sep 20, 2012 Bank of America is accelerating plans to cut costs by laying off workers. According to the Wall Street Journal, the bank has set a target of cutting 16,000 jobs by the end of this year -- about 6 percent of the bank's workforce.