Bank of America
Latest Bank of America News
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US Stocks Open Higher, Led by Health Care, Banks
Poor's 500 index rose 18 points, or 1.1 percent, to 1,624. Among bank stocks making big moves, JPMorgan rose 69 cents, or 1.3 percent, to $53.50 and Bank of America gained 13 cents, or 1 percent, to $12.99. The Standard & Poor's
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First Mobile-Only Bank Is Pay-As-You-Wish
(Image credit: GoBank) The first bank that was designed for mobile use launched enroll in GoBank's direct deposit. ( Bank of America , for example, has 5,400 retail banking primary reason why a person logs into their bank account. GoBank also allows users to
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Goldman Sachs' 'Madness' Scavenger Hunt Accepting Applications at $50K+ Per Team
time led participants to control the light show atop the Bank of America skyscraper, is accepting applications for its next competition abandoned building in New York City and cost the investment bank 's philanthropic fund, Goldman Sachs' Gives, about
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Oil Price Stays Above $97 on Improving US Data
medium-sized businesses, were eased after the country's central bank indicated it would not allow an all-out crisis to unfold. Analysts at Bank of America Merrill Lynch said in a commentary that "it is time for markets to calm down now and
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Business Highlights
8212;— BofA executive: Small business business banking at Bank of America is to convince small customers. Last year, Bank of America made $8.7 billion November 2011 soon after Bank of America started placing 1
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Developments With Microsoft's New Windows 8 System
saying that Windows 8 is being embraced by a list of companies that include Johnson & Johnson, British Telecom and Bank of America Corp . — Nov. 29: NPD Group says sales of personal computers in the U.S. didn't get any boost from the launch
News
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Mich. Man Recognizes Mom as Bank Robbery Suspect
man who recognized his mother in surveillance photos of a bank robbery called police to turn her in. MLive.com ( http Dee Ann Sanders of Martin was charged Tuesday with robbing a Bank of America branch on June 18. Her arraignment is scheduled Thursday
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Developments With Microsoft's New Windows 8 System
saying that Windows 8 is being embraced by a list of companies that include Johnson & Johnson, British Telecom and Bank of America Corp . — Nov. 29: NPD Group says sales of personal computers in the U.S. didn't get any boost from the launch
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AP Survey: Bernanke Comments Surprised Investors
Kocherlakota, president of the Federal Reserve Bank of Minneapolis, said he thought the Fed should Still, Michael Hanson, U.S. economist at Bank of America Merrill Lynch , noted that Bernanke hasn't signaled he's alarmed
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AP Survey: Bernanke Comments Surprised Investors
Kocherlakota, president of the Federal Reserve Bank of Minneapolis, said he thought the Fed should Still, Michael Hanson, U.S. economist at Bank of America Merrill Lynch , noted that Bernanke hasn't signaled he's alarmed
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Tenet Healthcare Buying Vanguard Health for $1.8B
Charlie Martin, will join Tenet's board. Vanguard's vice chairman, Keith Pitts, will continue in that position at Tenet. Dallas-based Tenet has secured fully committed financing for the transaction from Bank of America Merrill Lynch .
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Out of Prison, Real-Life Thomas Crown Looks Back on Almost-Perfect Heist
Jack in the Box parking lot across from a Bank of America , he watched a Brinks truck pull up to the bank . For three-and-a-half months, he the most money was being delivered to the bank , how many people were in the truck, how
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BOTCHED…
"20/20? Reports on the Almost Perfect Bank Robbery, Nips and Tucks Gone Wrong, Pageant Flubs and Mix-Ups elaborate scheme to bilk hundreds of thousands of dollars from a Bank of America in Seattle could not have been better scripted in Hollywood
Videos
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Boston Bombing Suspect Faces 30-Count Indictment
they were searching for a gas station. They DM to a Bank of America ATM in Watertown square and force him to hand over his debit card and withdrew 800 dollars from the victim's bank account. At around 12:15. AM on April 19 while the
they were searching for a gas station. They -- DM to a Bank of America ATM in Watertown square and force him to hand over his debit card and personal identification number. So press and I then used to this debit card and withdrew 800 dollars from the victim's bank account. At around 12:15. AM on April 19 while the defendant and his brother was stopped had stopped for gas. -- a -
BofA's Lewis Pressed on Bonuses
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
-- 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 gasamong 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 limitedABC news say the bonus would be awarded quote in consultation. With Bank of America . New York investigators believe Lewis has not told the whole story of his role in the controversial bonus package. As to the use of the luxury jet today to bring -- to New York the bank says it was an important meeting. And use of the -- was justified Charlie for reasons of timing and efficiency that words -
Bank of America Cancels Debit Card Fee
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
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. -
Bank of America Bows to Pressure on Fees
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
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 companyABC 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 -
Bank of America Fees: CEO Responds
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
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 so today. ABC's Matt -- tracked down the CEO to ask him to respond. 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 himold our show last night. She'll hand deliver over 135000. Signatures to Bank of America tomorrow Matt -- ABC news Washington. -
Bank of America Tests New Bank Fees
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
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 300000. Signatures be evade back down today she said these new fees disgusted -- -- spoke clearly out of touch with what people's lives are actually like -- facts -- Really really really are. But the bank -- to -- The nation's biggest bank JPMorgan Chase and Wells Fargo are already charging between ten and twelve dollars a month for their basic counts. This is something that is is a very much a trend and -- it's a sharp reversal from what we -- seen in the years prior weren. Every bank -- on every corner offered a standalone free checking account. -- most banks offer free checking to those with a minimum monthly balance or bank online but. Analysts tell us your bank may be changing the rules Sony so pay attention to those monthly statements if you see -- -- that shouldn't be there. -- short to call the bank asked questions contest if you have to. -
Bank of America Adds $5 Monthly Debit Card Fee
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
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 all day we've been asking what should you do and what about the other banks will they follow suit ABC's -- tuchman decided to find out. It's a colossus on the move and 900 billion dollars in 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. Clearly the economics of operating debit cards change with the regulations. You know we've decided that -- monthly 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 basedhold the line on fees for now. Now that if you're a Bank of America customer the bank says He can waive those -- if you upgrade to a premium account. That of course means you have to have a higher minimum monthly balance or you could switch perhaps to a credit union -- community bank and they offer often offer free banking. -- thank you got the three other banks to commit for now not doing okay















