Bank Of America
(CBS Charlotte) — A short time ago a robbery was reported at the Bank of America on Albermarle Road. According to the Charlotte-Mecklenburg Police Department, the suspects fled the area by vehicle and crashed after […]
President Barack Obama intends to nominate Rep. Melvin Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie Mac, and he has chosen a former cable and wireless industry lobbyist to head the Federal Communications Commission, according to White House officials.
Bank of America has agreed to settle a class-action lawsuit brought by investors who bought mortgage investments from Countrywide Financial, the California-based lender it acquired in 2008. The announcement came as the nation’s second biggest bank reported higher net income for the first quarter, but missed analysts’ expectations.
Bank of America says its fourth-quarter earnings shrank as it cleaned up old problems from its mortgage unit.
CHARLOTTE, N.C. (AP) — Bank of America says it will spend more than $10 billion to settle mortgage claims resulting from the housing meltdown. Under the deal announced Monday, the bank will pay $3.6 billion […]
NEW YORK (AP) — Bank of America is postponing an increase in monthly fees for checking accounts, according to a report in The Wall Street Journal. The paper cited unnamed people familiar with the bank’s […]
The top federal prosecutor in Manhattan says he’s suing Bank of America for $1 billion for mortgage fraud against Fannie Mae and Freddie Mac.
Uptown Charlotte is fortunate to have an abundance of free art on display for the public. From The Green to the lobby of the Carillon Building, there’s always something to see, and it’s all for free.
On Thursday night the sports world will turn its attention to Bank of America Stadium in Charlotte, NC as the Carolina Panthers host the defending Super Bowl Champions the New York Giants.
NEW YORK (AP) — In an effort to strengthen its balance sheet, Bank of America in November and December sold 400 million common shares and issued $2.3 billion in debt to replace $5.8 billion of preferred stock.