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Bank of America loses $2.24B as loan losses rise
CHARLOTTE, N.C. - Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing more evidence that consumers are still struggling to pay their bills.
Activities:Merrill Lynch Sales
2009-10-16
BofA scrambling; strategy for new CEO questioned
NEW YORK (Reuters) - Bank of America Corp's (BAC.N) board of directors is considering hiring a short-term chief executive, a move that signaled CEO Kenneth Lewis' plan to depart caught the bank flat-footed.
Nations:U.S. Activities:Merrill Lynch Sales Source:(Reuters)
2009-10-01
Judge rejects SEC-BofA deal; Cuomo preps charges
NEW YORK - A federal judge on Monday rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America Corp., saying the SEC's accusations of inadequate disclosure by the bank over bonuses paid at Merrill Lynch must now go to trial.
Nations:U.S. Activities:Merrill Lynch Sales Source:(AP)
2009-09-14
NY's Cuomo may charge BofA execs over Merrill
NEW YORK (Reuters) - New York Attorney General Andrew Cuomo threatened on Tuesday to file charges accusing top Bank of America Corp executives of failing to disclose essential details about its takeover of Merrill Lynch & Co.
Nations:U.S. Activities:Merrill Lynch Sales Source:(Reuters)
2009-09-08
BofA agrees to $33M SEC fine over Merrill bonuses
WASHINGTON - Bank of America Corp. has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its executives, regulators said Monday.
Activities:Merrill Lynch Sales
2009-08-03
| Headlines |
- Bank of America loses $2.24B as loan losses rise 2009-10-16
- BofA scrambling; strategy for new CEO questioned 2009-10-01
- Judge rejects SEC-BofA deal; Cuomo preps charges 2009-09-14
- NY's Cuomo may charge BofA execs over Merrill 2009-09-08
- BofA agrees to $33M SEC fine over Merrill bonuses 2009-08-03
- Lawmakers blast Fed, Treasury, BofA over Merrill 2009-06-11
- Merrill may have misled Congress on bonuses: Cuomo 2009-03-11
- Merrill bonuses made 696 millionaires: probe 2009-02-11
- Bank of America slides to 4Q loss; gets more aid 2009-01-16
- Bank of America gets 20 bln dlr injection, new guarantees 2009-01-16
- Treasury and Bank of America near bailout deal 2009-01-15
- US mulls fresh aid package for Bank of America 2009-01-15
- Bank of America in talks for more U.S. bailout funds 2009-01-14
- BofA plans up to 35,000 job cuts in next 3 years 2008-12-11
- Merrill's Thain seeking 2008 bonus of $10 million 2008-12-08
 Meltdown weakens NYC as global financial capital 2008-12-07- Merrill Lynch shareholders approve sale to BofA 2008-12-05
- Merrill Lynch exec to leave with big payout 2008-10-21
- A tumultuous week ends with Wall Street remade 2008-09-19
- With finance crisis, hands-off era over 2008-09-17
- Goldman, Morgan Stanley profits fall amid slump 2008-09-16
- Central banks strain to contain market crisis 2008-09-16
- Fed pumps $70B into nation's financial system 2008-09-16
- The Candidates Play the Market Meltdown 2008-09-16
- Meltdown in US finance system pummels stock market 2008-09-15
- Stocks tumble amid new Wall Street landscape 2008-09-15
- Wall Street crisis could put Fed rate cut in play 2008-09-15
- Fear, doubt across U.S. amid Wall Street storm 2008-09-15
- Lehman bankruptcy shakes world financial system 2008-09-15
- Wall Street awakes to 2 storied firms falling 2008-09-15
- World markets tumble on Lehman news 2008-09-15
- NY governor sees Wall St losing up to 30,000 jobs 2008-09-15
- Obama, McCain blame economic woes on greed, policy 2008-09-15
- McCain, Obama promise Wall Street overhaul 2008-09-15
- McCain: Wall Street woes point to regulation need 2008-09-15
- Obama blames Wall St. crisis on Republican policy 2008-09-15
- Markets in turmoil by Lehman failure and Merrill sale 2008-09-15
- Paulson vows to maintain stability of US financial markets 2008-09-15
- Bank of America to buy Merrill for $29 a share: report 2008-09-14
- Lehman rescue fails, BofA seen buying Merrill 2008-09-14
- Banks seen offering plan to restore confidence 2008-09-14
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