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The Justice Department Slap Bank of America With $1.3 Billion Penalty for...

On Wednesday with a federal judge ordering to pay the Bank of America fines for its defective mortgages that were sold by its Countrywide Financial unit, was hit by a penalty of almost $1.3...

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BofA Reaches Its Goal of “Project New BAC”, Nine Months before Schedule

On Wednesday, Bank of America (BofA) said that the bank has managed to gain a very small amount of profit in the third-quarter as it had to spend billions on legal costs. However the executives...

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Brian Moynihan Wants to Continue with His Dual Role in Bank of America; Share...

Brian Moynihan, the CEO and Chairman of Bank of America, is hoping that he could keep continuing with his current two roles.read more

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