Bank of America

News

1. Stocks Open Lower, Pushing S&P 500 Down From High

   Mon, 7 Jan 2013

   composite fell 15 points to 3,087. Bank of America bucked the downward trend. The stock rose after the bank said it had reached an agreement value after the housing crash. Bank of America will pay the agency $3.6 billion
2. Futures Slip After S&P Hits Pre-Recession Levels

   Mon, 7 Jan 2013

   higher than it was on election day and on Friday closed at 1,466, the highest since December 2007. On Monday, Bank of America said it would pay Fannie Mae $3.6 billion and buy back $6.8 billion in loans to settle mortgage claims from
3. Bank of America Reaches Settlement With Fannie Mae

   Mon, 7 Jan 2013

   Bank of America has reached a settlement payment to Fannie Mae. Bank of America will also buy back some in premarket trading. Bank of America bought Countrywide Financial approving risky loans. Bank of America Corp . also said Monday that
4. Bank of America to Pay Fannie Mae $3.6B, Buy Back $6.8B in Loans to Settle Mortgage Claims

   Mon, 7 Jan 2013

   Bank of America to pay Fannie Mae $3.6B, buy back $6.8B in loans to settle mortgage claims.
5. 
   American Eagle Pilot Suspected of Being Drunk Removed From Flight

   Fri, 4 Jan 2013

   airport police at 6:19 a.m. A blood draw was completed at a local hospital. The pilot's BAC wasn't released by authorities. In Minnesota, the legal BAC limit for pilots is .04 -- much lower than the limit for drivers of .08. Hogan said he
6. Top Mutual Funds of 2012 Rebound From Poor 2011

   Thu, 3 Jan 2013

   invested in financial stocks such as insurer AIG and Bank of America . Those two picks lost more than 50 percent in 2011 Berkowitz' favorites were among the biggest winners. Bank of America surged 109 percent, and AIG 52 percent. Berkowitz
7. Fiscal-Cliff Deal No Recipe for a Robust Economy

   Thu, 3 Jan 2013

   with the haziness surrounding the budget standoff, says Ethan Harris, co-director of global economics at Bank of America Merrill Lynch . Still, Congress' deal delivered a walloping tax hike for most workers: the end of a two-year Social Security

Videos

1. 
   Bank Employee Kidnapped, Bomb Strapped Around Her Neck

   Sun, 30 Dec 2012

   story that starts with a bank teller abducted from her own The victim who works at the bank of america branch was at home when an the suspect drives her to the bank and straps what he says is will to be used as a pawn in a bank robbery. Reporter: Do people

   Bank found at 0:33, 0:50

   bank and straps what he says is

   a pawn in a bank robbery.
2. 
   BofA's Lewis Pressed on Bonuses

   Thu, 26 Feb 2009

   head of Bank of America was in New York today responding to nearly went bankrupt and merged with Bank of America By 45 billion dollars in taxpayer investigative cars. On Brian Ross. The Bank of America president Ken Lewis flew to New York

   Bank of America found at 0:01, 0:24, 1:21

   head of Bank of America was in New York today responding to a subpoena. Pertaining to those three point six billion dollars in bonuses paid out late last year to employees. A Merrill Lynch. They were paid out as Merrill Lynch nearly went bankrupt and merged with Bank of America -- By 45 billion dollars in taxpayer money here's our chief investigative cars. On -- Brian Ross.

   The Bank of America president Ken Lewis flew to New York from the bank's headquarters in Charlotte, North Carolina. When the Bank of America's nine corporate jets and fifty million dollar gulfstream five. On top luxury craft that cost 5000 dollars an hour just for gas

   among some 700. Merrill Lynch employees just before the firm was merchant Bank of America . And just before its record losses became known. Appearing before outraged members of congress earlier this month Lewis claimed He had limited
3. 
   Bank of America Cancels Debit Card Fee

   Tue, 1 Nov 2011

   Score one for the people Bank of America is dropping plans to charge a debit card the bank caved into pressure today after several other purchases. from Bloomberg TV explains why the bank backed down there's just been able rise to criticism

   Bank of America found at 0:02

   Score one for the people Bank of America is dropping plans to charge a debit card -- the bank caved into pressure today after several other banks decided to do away with their debit card fees. -- they had wanted to charge customers five bucks a month that they use a debit card for purchases. -- from Bloomberg TV explains why the bank backed down there's just been able rise to criticism from consumers also from. Congress members who have sad that this isn't -- bank that was bailed out and now they're turning around and they're putting the squeeze back on consumers. It's possible the bank -- other fees as a way to raise money from customers.
4. 
   Bank of America Tests New Bank Fees

   Thu, 1 Mar 2012

   Second largest bank in the country has been five dollar fee from Bank of America last fall is on the Four months after Bank of America very. Publicly retreated partners last fall and Bank of America announced its five dollar

   Bank of America found at 0:13, 0:18

   Second largest bank in the country has been conducting a quiet test in three states slipping in a new -- to gauge the anger of customers. ABC's Matt Gutman who was front and center on that five dollar fee from Bank of America last fall is on the case again tonight.

   Four months after Bank of America very. Publicly retreated from its five dollar debit -- it may be charging towards new ones considering the possibility of rolling out nationwide. New fees for new customers up to 25 dollars a month. For certain accounts the bank quietly launched programs in three states Arizona Massachusetts and Georgia last year. Charging up to nine dollars Ford's most basic account. It used to be three and twelve to fifteen dollars on others the company says the tests are still ongoing adding that so far customers approved. Not what we found I feel like they're pretty much of trying to steal money from our partners last fall and Bank of America announced its five dollar debit fee. 22 year old -- catch -- started an online petition that went viral. Which swelled to
5. 
   Bank of America Fees: CEO Responds

   Wed, 5 Oct 2011

   Street and at the biggest bank in America. As 135000 petition alone against Bank of America . the company so far to get answers from Bank of America about its new five dollar 135000. Signatures to Bank of America tomorrow Matt ABC news

   Bank of America found at 0:10, 0:28, 1:42

   Waves of new anger both -- Wall Street and at the biggest bank in America. As 135000. People signed one petition alone against Bank of America . -- the company so far refusing to engage publicly with customers outraged over the big new fee on a basic banking practice

   For six days we've been working to get answers from Bank of America about its new five dollar debit fees about its down home -- so after dodging us for nearly a week when tracked down bank CEO Brian -- and in Washington but what if it doesn't. A couple questions sports. Who finally allowed us to ask him

   old our show last night. She'll hand deliver over 135000. Signatures to Bank of America tomorrow Matt -- ABC news Washington.
6. 
   Bank of America Adds $5 Monthly Debit Card Fee

   Thu, 29 Sep 2011

   but tonight a shock the Goliath Bank of America 57 million customers the biggest competitor Wells Fargo. This standard Bank of America sets. Is the standard for the we've decided that monthly fees. Bank of America is the biggest but not the first

   Bank of America found at 0:07, 0:38, 1:10

   a staple of modern American life but tonight a shock the Goliath Bank of America 57 million customers the biggest bank in the country has announced. It is adding still another fee. Sixty dollars a year just to use your debit card. So

   deposits. Almost 20% larger than its nearest competitor Wells Fargo. This standard Bank of America sets. Is the standard for the entire US banking industry fees for debit card usage it just something we're gonna see a lot more of in the weeks and months ahead because banks are going to be making last revenue every time a consumer swipes that card the new fees totaling sixty dollars a year will only apply to those using their debit cards for purchases. Rolled out early next year they'll be added to existing bank fees.

   Bank of America is the biggest but not the first to add a five dollar a month fee for using a debit card. Atlanta based
7. 
   Bank of America Bows to Pressure on Fees

   Tue, 1 Nov 2011

   of people power against a huge bank Bank of America announced today. It is reversing an online petition demanding. Bank of America repeal its quote outrageous five over the from the senate floor Bank of America customers. Vote with your feet

   Bank of America found at 0:05, 0:53

   David vs Goliath story the victory of people power against a huge bank Bank of America announced today. It is reversing itself on those new five dollar customer fees. And we have been covering this since the beginning you remember the young woman who started the petition against the bank . Raising fees after of the taxpayer bailout customers -- again it spread like wildfire. We tracked down the head of the company

   ABC news last month she had just launched an online petition demanding. Bank of America repeal its quote outrageous five dollar debit -- I think that -- today 306000. Signatures. I just happened in the person expectation but if it wasn't for that 306000. People and -- It wouldn't -- public outcry over the -- from the senate floor Bank of America customers. Vote with your feet all the way to the White House you're gonna see a bunch of banks who -- themselves -- or. This is actually not good business practice at first. The -- was at this and several other big banks say they too thinking about adding defeats and what if it doesn't answer a couple questions Forrester. So we tracked down bank CEO -- and in Washington looking for answers expect Americans need that money. -- ordered to stay on. The fear is that