bank of america corp

Bank of America Corp employees are flooding rival companies with resumes as a major cost-cutting program gets under way at the second-largest U.S. bank.

Bank of America Corp, after receiving heavy public criticism for a planned $5-per-month debit card fee, is likely to give customers more ways to avoid the fee, a person familiar with the bank's plans said Friday.

Some banks are pouncing on Bank of America Corp.'s (BAC) plan to charge customers for using their debit cards by touting the fact that their debit cards will remain free.

Two published reports say Bank of America Corp. is in talks with Blackstone Group LP over a possible deal to sell real estate assets previously owned by Merrill Lynch to the private-equity firm.

Bank of America Corp. CEO Brian Moynihan defended the embattled bank to investors Wednesday, the same day its stock fell nearly 11 percent.

Bank of America Corp.'s shares plummeted 20 percent Monday, leading the financial sector in a downward spiral that was violent even compared to the rest of the crashing market.

MBIA Inc. has decided not to pursue a lawsuit against Bank of America Corp.'s Merrill Lynch unit.

Bank of America Corp and JPMorgan Chase & Co have started modifying tens of thousands of mortgages where the banks deem the loans especially risky, even if the borrowers have not asked, the New York Times reported on Sunday.

Bank of America Corp will pay $8.5 billion to settle claims from investors that lost money on mortgage-backed securities, the bank said on Wednesday.

Bank of America Corp. and JPMorgan Chase & Co. , along with three other U.S. mortgage servicers, proposed paying $5 billion to settle a probe of their foreclosure practices by state and federal officials, two people familiar with the matter said.