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CHARLOTTE, N.C. - Bank of America returned to profit in the second quarter, but earnings were down 43 percent from a year ago as legal costs continued to be a drag on earnings.
CHARLOTTE, N.C. - Now that Citigroup has announced a $7 billion settlement with the government over mortgage bonds, attention shifts to a proposed resolution with Bank of America to end similar investigations.
CHARLOTTE, N.C. - U.S. Attorney General Eric Holder has refused to meet with Bank of America chief executive Brian Moynihan as the two sides continue to dispute terms of a potential multibillion-dollar settlement involving troubled home loans, a...
As more of their customers migrate to mobile devices and online, banks are rolling out branches with fewer teller stations and introducing ATMs with video tellers built in.