In a TikTok video that has now amassed over 6,000 views, Alan Peck described a Bank of America executive who tried to keep $1000.
Black Panther director Ryan Coogler is the latest victim to be impacted by the Banking while Black crisis.
The factor signaling that millennials are feeling more comfortable having kids right now is the rise in pregnancy test purchases
(Wall Street Journal) — Big banks may soon start pushing a different type of plastic to their customers. Financial institutions such as U.S. Bancorp, Wells Fargo & Co. and Bank of America Corp. are exploring prepaid cards as a way to make up revenue that will likely be lost from federal restrictions on debit cards. That is because […]
The Bank is putting a hold on foreclosures in order to re-examine its process.
(Smart Money) — WALL STREET HAS COOLED lately on Bank of America, and one reason is that CEO Brian Moynihan doesn’t think the company should chase higher profits with $35 overdraft fees on debit-card customers with insufficient funds to buy $4 lattes at Starbucks. Read more…
(New York Times) — New York State is suing Bank of America and its Merrill Lynch unit over the companies’ merger and Merrill’s subprime mortgage issues. The New York State comptroller,Thomas P. DiNapoli, filed two lawsuits on Thursday in Federal District Court in Manhattan to recover losses suffered by the $132.5 billion state pension fund, which he […]
Bank of America more than tripled earnings expectations Friday.
They lowered their debt levels before reporting to make their balance sheets look less risky.
After a bumpy 2009, the nation's largest banks now profit.
Bank of America earlier this year delivered the following message to its loan officers: “Policy Change: Effective with initial locks on or after Jan. 21, 2010, overages will not be allowed on either purchase or refinance transactions.” Read More…