Posts tagged "bank of america"

SEC standoff stalls Bank of America's mortgage settlement: Bloomberg

Two Democratic SEC commissioners are unwilling to grant Bank of America's request for a waiver, and with two Republicans supporting relief measures, the SEC is in a deadlock as its Chair Mary Jo White, the swing vote, refrains from participating due to

She tells 11 News the text she received on her cell phone said her Bank of America account was compromised, and she needed to call this number right away. She says she used to be a Bank of America customer, but isn't any longer. Still, she called the 

(Reuters) – A standoff within the U.S. Securities and Exchange Commission is stalling the final piece of Bank of America Corp's record $16.65 billion settlement with the U.S. government tied to troubled mortgage-backed securities, Bloomberg News

A small number of Bank of America customers were hit with a double-charge when using Apple Pay this week, but the problem resulting from a glitch between the bank and a payment network is expected to be quickly 

Suspect wanted in connection with the robbery of Bank of America this afternoon in High Point. Posted: Monday, October 27, 2014 3:39 pm. Bank of America in High Point robbed Staff reports news-record.com. HIGH POINT − The Bank of America at 115 

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Posted by - October 28, 2014 at 6:20 am

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Bank of America's Couper to retire after 40 years

Jin Lee/Bloomberg via Getty Images(NEW YORK) — It may not be a happy holiday holiday season for thousands of Bank of America employees. The bank could be cutting 16,000 jobs by the end of December, accelerating the

(Reuters) – Bank of America Corp is planning to cut 16000 jobs by year end as it speeds up a company-wide cost-cutting initiative amid declining revenues, the Wall Street Journal reported on Wednesday. The job cuts would

The Wall Street Journal points out that these cuts will drop Bank of America from its position as the U.S. bank with the most employees. After the layoffs, the bank will have an estimated 260,000 employees – less than J.P.

Last September, Bank of America announced a cost-cutting plan that would include reducing 30,000 jobs, the biggest layoff announcement last year by a company, according to outplacement firm Challenger Gray & Christmas. "As the decisions are

Bank of America Corp. is accelerating a broad cost-cutting plan and has set a target of shedding 16,000 jobs by year's end—cuts that would see the company relinquish its title as U.S. banking's largest employer. Bank of America is accelerating a broad

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Posted by - September 23, 2012 at 11:54 pm

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Couple claims Bank of America would only modify terms of mortgage if they kept …

(Reuters) – Iranian hackers have repeatedly attacked Bank of America Corp (BA.N), JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N) over the past year, as part of a broad cyber campaign targeting the United States, according to people familiar with

Bank of America is planning to cut thousands of jobs by the end of 2012.

The attacks, which began in late 2011 and escalated this year have primarily been 'denial of service' campaigns.

The reductions for the final six months of the year, outlined in a document given to top management, are part of a larger effort to retool Bank of America into a leaner and more focused enterprise. The plan is designed to make

(Reuters) – Bank of America Merrill Lynch sustained a loss of nearly $10 million on Friday due to an "operational error" in handling of stock option trades known as dividend trades by the company's Merrill Pro unit, the Wall Street Journal reported on

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Posted by -  at 3:54 pm

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Iranian hackers target Bank of America, JPMorgan, Citi

(Reuters) – Bank of America Merrill Lynch sustained a loss of nearly $10 million on Friday due to an "operational error" in handling of stock option trades known as dividend trades by the company's Merrill Pro unit, the Wall Street Journal reported on

(Reuters) – Bank of America Merrill Lynch sustained a loss of nearly $10 million on Friday due to an "operational error" in handling of stock option trades known as dividend trades by the company's Merrill Pro unit, the Wall Street Journal reported on

Bank of America Corp. is accelerating a broad cost-cutting plan and has set a target of shedding 16,000 jobs by year's end—cuts that would see the company relinquish its title as U.S. banking's largest employer. Bank of America is accelerating a broad

(Reuters) – Iranian hackers have repeatedly attacked Bank of America Corp, JPMorgan Chase & Co and Citigroup Inc over the past year as part of a broad cyber campaign targeting the United States, according to people familiar with the situation. The

The math is very crude. The Wall Street Journal reports that Bank of America Corp. (NYSE: BAC), still desperate to turn itself around, will fire 16000 people this year. Compare that to the 100000 jobs a month, on average, that

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Posted by -  at 6:12 am

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Exclusive: Iranian hackers target Bank of America, JPMorgan, Citi

Bank of America is once again in the hot seat, this time for allegedly withdrawing money from child entertainers' bank accounts, according to a recent class action lawsuit. According to the complaint, Bank of America charged child actors' Coogan

The reductions for the final six months of the year, outlined in a document given to top management, are part of a larger effort to retool Bank of America into a leaner and more focused enterprise. The plan is designed to make

Bank of America is now speeding up its plan to cut 16,000 more bankers by a year, WSJ reports this morning. That will bring its total headcount to 260,000, down from a peak of 288,000 in 2010. While total employment at the nation's six biggest banks is

Curious why nearly 4 years ago to the day Ben Bernanke and Hank Paulson told Ken Lewis to purchase Merrill Lynch "or else" (but to make sure everyone gets paid their bonuses bright and early with no cuts)? It certainly had

Bank of America is once again in the hot seat, this time for allegedly withdrawing money from child entertainers' bank accounts, according to a recent class action lawsuit. According to the complaint, Bank of America charged child actors' Coogan

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Posted by - September 21, 2012 at 7:54 pm

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