Bank of America
Jun 18, 2013 — Six former employees and one contractor say Bank of America's mortgage servicing unit consistently lied to homeowners, fraudulently denied loan modifications and offered bonuses to staff for intentionally pushing people into foreclosure, according to a Salon.com report.
Jan 7, 2013 — The agreement resolves claims against the bank about mortgage-backed securities it sold before the housing bust. Many weren't worth what was promised. Also today, BofA and other banks are expectd to settle claims related to alleged foreclosure abuses.
Sep 28, 2012 — Disgruntled investors alleged that the bank misled them about its acquisition of Merrill Lynch. The bank has not admitted doing anything wrong, but is moving to put the lawsuit behind it.
Dec 30, 2011 — Verizon said it was scrapping its plans because of customer feedback. The fee caused an uproar on the Internet.
Nov 1, 2011 — The bank's plan to charge many customers if they use the cards to make purchases was not popular. Other institutions had decided not to follow after seeing the backlash.
Oct 18, 2011 — But results were boosted by several one-time-only factors, including cost-cutting efforts and asset sales.
Sep 30, 2011 — The No. 2 Democrat in the Senate doesn't like the bank's plan to charge many debit card customers $5 a month.
Sep 29, 2011 — The fee and other changes are ways for banks to recoup some of the money they won't be able to charge merchants anymore. Experts' advice: Shop around for the best deal on a debit card.
Aug 25, 2011 — The billionaire is helping the ailing bank in much the same way he assisted Goldman Sachs during the 2008-09 financial crisis.
Aug 19, 2011 — Kudos to the Zero Hedge finance blog for reporting on a moment captured by C-SPAN, a Bank of America executive walking up to Texas Gov. Rick Perry after a New Hampshire event and saying loudly enough to be picked up on mic, "Bank of America. We will help you out."Whoa, Nellie. What's that all about?