Bank of America

Bank of America Corp (BAC) Settles Mortgage Bond Dispute For $9.3 B

Bank of America Corp (NYSE:BAC) will pay $9.3 billion in settlement of the claims over selling Fannie Mae and Freddie Mac faulty mortgage bonds. The settlement will put an end to one of the...

Bank of America Corp (BAC) To Pay $132M Penalty To SEC Over Mortgages

Bank of America Corp (NYSE:BAC) is set to pay $131.8 million to the U.S. Securities and Exchange commission (SEC) to settle charges that accused its Merrill Lynch unit of misleading the investors on the...

Chrysler Hire Four Banks As Underwriters For December IPO [Report]

Chrysler Group has hired four banks as underwriters for its IPO offering in December, says a report from Reuters citing sources familiar with the matter. Four banks who will act as underwriters are Barclays...

Wells Fargo Remains Committed In Offering Student Loans

Wells Fargo & Company (NYSE:WFC) remains committed in offering student loans despite the exit of other major banks in the business and a stringent scrutiny from regulators concentrating on the private  student lending market. Since...

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