Bank of America

Pages

Bank of America reports $2.5 billion profit

Jul 18, 2012
Bank of America just reported its quarterly earnings and they're better than expected: $2.5 billion in profit. What does that mean for the U.S. economy on the whole?
Posted In: Bank of America, Earnings

Banks try to adopt mortgage settlement rules

May 9, 2012
The big 49-state deal on mortgages was supposed to help clear the foreclosure backlog. So how are the banks faring now?
Posted In: Housing, Bank of America, mortgage settlement

What to learn from this season's earnings

Apr 19, 2012
The corporate earnings reports are flooding in this morning, with companies like Southwest Airlines and Verizon telling us how they did in the first part of this year. In recent quarters, companies have padded their profits by cutting costs.
Posted In: Bank of America, Taco Bell, Earnings, corporate profits

Activists take on Bank of America with fake website

Apr 19, 2012
"Your Bank of America" offers fake customer testimonials that take aim at the major institution's marketing and brand.
Posted In: Bank of America, satire

BofA launching program for at-risk homeowners

Mar 23, 2012
Bank of America is launching a pilot program where homeowners who are at risk of foreclosure would hand over the deed to their house and then rent it back from the bank.
Posted In: Housing, foreclosure, Bank of America

Bank of America throws homeowners new lifeline

Mar 23, 2012
Bank of America starts a foreclosure-prevention program that lets borrowers give up ownership of their home but stay on rent-paying tenants.
Posted In: Housing, Bank of America, foreclosure, underwater mortgage

Federal Reserve releases banks' stress test results

Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
Posted In: Banks, Federal Reserve, stress tests, Citigroup, JPMorgan, Wells Fargo, Bank of America, Goldman, Morgan Stanley

Bank of America to test new fees

Mar 1, 2012
The bank is reportedly currently testing different fee models -- including monthly charges of anywhere from $6 to $25. This comes after a pushback last year against a $5 monthly debit card fee.
Posted In: bank, Bank of America, fees

B of A cuts credit lines to some small businesses

Jan 3, 2012
While some banks are being encourage to lend more, pressure is also coming from regulators to crack down on riskier customers.
Posted In: Bank of America, Small Business, loans

B of A tightens credit to some small businesses

Jan 3, 2012
Other banks are also choosier about which businesses they lend to, and how much.
Posted In: Small Business, Bank of America

Pages