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Shares of the nation's second largest bank by assets, Bank of America , are trading higher today after the lending giant came to an agreement with the federal regulator of credit unions. Under the ...
The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1][2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank of ...
Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC. Google is ...
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...
A U.S. District Court judge on Monday approved the Security and Exchange Commission's proposed $150 million settlement with Bank of America (BAC) stemming from charges that the company failed to ...
Bank of America Corp. On March 30, 2010, three female employees launched a class action gender discrimination lawsuit against Bank of America and Merrill Lynch. The suit, which was filed by Judy Calibuso, a Miami financial adviser in Merrill Lynch, and Julie Moss and Dianne Goedtel, former financial advisers at Bank of America, inculpated the ...
Bank of America Reaches Settlement in Merrill Lynch Acquisition-Related Class Action Litigation Total Third-Quarter 2012 Litigation Expense Estimated to Be Approximately $1.6 Billion Litigation ...
Hugh L. McColl Jr. (born 18 June 1935) is a former business executive who was the CEO of NationsBank [1] and the former chairman and the first CEO of Bank of America.Active in banking since around 1960, McColl was a driving force behind consolidating a series of progressively larger, mostly Southern banks, thrifts and financial institutions into a super-regional banking force, "the first ocean ...