Topic: Bank of America Corporation

(Reuters) - A controversial weapon could be deployed soon in the U.S. fight against the housing crisis as states and top banks near a deal in their dispute over mortgage abuses -- cutting the mortgage debt owed by homeowners.Five major banks could ...

(Reuters) - Bank of America seeks to cut its annual expenses by $5 billion a year, through its major cost cutting initiative, the bank's chief executive said.The bank has about 50 senior employees reviewing some 150,000 ideas for cutting costs, said CEO ...

Attorney general's complaint outlines pattern of troubling behaviorNevada Attorney General Catherine Cortez Masto is accusing Bank of America of violating an agreement to help homeowners facing foreclosure.In an amended filing in federal court Tuesday, Cortez Masto asked a judge to set aside ...

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Focus on the features important to you, then check our list of low-fee and no-fee accounts.Focus on the features important to you, then check our list of low-fee and no-fee accounts.Pesky bank fees aren’t just creeping up -- they’re attacking from all ...

NEW YORK (Reuters) - Bank of America Corp lost its bid to dismiss a nationwide lawsuit accusing it of reneging on promises to help borrowers modify their mortgage loans under a much-criticized federal program.District Judge Rya Zobel in Boston said homeowners who ...

CHARLOTTE, North Carolina (Reuters) - Bank of America Corp. is no Fidelity Investments when it comes to retirement accounts, but it boosted retirement assets under management by nearly 10 percent last year and is gunning for more by guiding bank depositors to ...

The US states of Arizona and Nevada filed lawsuits against Bank of America on Friday accusing it of defrauding cash-strapped homeowners amid the global economic downturn.The legal action was triggered after hundreds of complaints and a year-long investigation centered on the bank's ...

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Online bill pay services are usually free and are offered by financial institutions in collaboration with corporations such as utility providers. Incoming and outgoing payment fees may vary for wire transfers as may international wire payments according to Bank of America's fess ...