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Tag Archives: Bank of America

How Much Have Banks Been Fined Since the Crisis?

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

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As Stocks Tumble, Lenders Take a Hit

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

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First American Acquires Bank of America’s Lien Release Business

First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the completion of its acquisition of Bank of America’s lien release business. Bank of America’s lien release business ...

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Diversity Council Drives Progress With Leadership From Fannie Mae

As the American Mortgage Diversity Council (AMDC) strives to implement diversity and inclusion efforts within the industry, another step towards progress has been taken as the council welcomes established leader Charmaine Brown, Director of the Office of Diversity and Inclusion at Fannie Mae, to its council as Vice Chair.

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Bank of America Posts Solid Results for Q4 2017

The bank’s pretax earnings for the year rose 17 percent as it gained market share across its businesses, but lower mortgage banking income and impact of the Tax Act decreased its noninterest income.

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Bank of America Names Maria Zuber to Board of Directors

Bank of America announced that it has appointed Dr. Maria Zuber to the Enterprise Risk and Corporate Governance Committees of the Bank of America Board of Directors, effective immediately.

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How Tax Reform Will Affect American Companies

With the House and Senate coming together to work on the tax bill, Brian Moynihan, Bank of America Chairman and CEO, speaks about how tax reform will affect American companies.

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