Bank of America Economist Now Says No Recession Underway
Bank of America economists now say there is no recession underway after the bank had predicted a strong probability of an economic downturn.
US Banks Are Freezing Accounts and Withdrawals in New Scandal
US banks are freezing accounts and withdrawals in the latest scandal involving both checking and savings accounts.
Bank of America Pays Whopping $250 Million in New Scandal
Bank of America (NYSE:BAC) is paying a whopping $250 million fine in its latest scandal where the bank double charged insufficient fund fees and opened new accounts without customer's knowledge or consent.
New Study Shows Bank of America Leads in Market Losses
A new study shows Bank of America (NYSE:BAC) is leading in market cap losses compared to its peers this year. Banking news and updates.
New Report: Bank of America Loses Painful $100bn on Paper
Bank of America is facing a painful $100bn paper loss as bonds have plunged due to rising yields. The banks largest peers don't compare.