Bank of America directors are supportive of its proposed $16 billion to $17 billion mortgage-securities settlement, according to someone familiar with the matter.» Read More
The news the Federal Reserve will be publishing the results of its latest stress test next year has sent a ripple of fear through the investing community.
CNBC's Joe Kernen and Andrew Ross Sorkin breakdown Bank of America's Q3 results.
In September 2011, Bank of America announced that it would charge customers a monthly fee of $5 for debit card use. Consumers may be unhappy with the decision, but they’re already paying fees on their credit and debit cards all the time. Here are some things to watch out for to avoid paying extra fees on credit and debit cards.
CNBC's Larry Kudlow sits downs with Bank of America CEO, Brian Moynihan in a wide-ranging discussion on debit card fees and the Durbin Amendment; rebuilding profitability and the Dodd-Frank bill; and the impact of Europe's debt woes on the U.S. economy.
Is Bank of America losing billions from the Dodd-Frank bill? The Fast Money traders weigh in on the legislation's impact on banks, and Brian Stutland, Stutland Equities, offers a risk-reversal play on Akamai takeover speculation.
Bank of America CEO Brian Moynihan defended the bank's decision to impose a $5 debit card fee on customers next year, saying it was needed, in part, to recoup billions of dollars in costs from complying with Dodd-Frank law.
Bank of America CEO Brian Moynihan talks to CNBC's Larry Kudlow about the bank's decision to charge fees for debit card use, the Durbin tax, and how retail banks can rebuilt profitability and provide good customer service. The interview took place at the Atlantic Monthly Washington Ideas Forum.
This is a transcript of Warren Buffett's live interview on CNBC with Andrew Ross Sorkin on Friday, September 30, 2011. In it, Buffett says he thinks it is "very, very unlikely" the U.S. economy will go back into recession. He also reveals that Berkshire has been buying billions of dollars worth of inexpensive stocks during the third quarter, and has just started to repurchase its own shares.
CNBC's Mary Thompson has the story on Bank of America's plan to cut jobs.
The layoffs at BofA may spread to other banks. Discussing what it means for bank stocks, with Neil Weinberg, American Banker, and CNBC's John Carney and Kate Kelly.
CNBC's Steve Liesman breaks down the numbers on the latest NFIB index, and a look at how CEO Brian Moynihan plans to stabilize Bank of America, with CNBC's Mary Thompson.
CNBC's Mary Thompson has the story on Bank of America CEO Brian Moynihan's plan to cut billions in expenses.
Bank of America's CEO Brian Moynihan once again laid out his company's plan to meet regulatory capital requirements and denied that the company will have to issue new stock to raise capital. The bank can meet its requirements simply by retaining profits.
When Brian Moynihan took over Bank of America in 2010, Ken Lewis said that his nickname for the now-CEO was, "Tazmanian Devil."
If you dropped in on any of the usual Wall Street watering holes or eateries last night, you would have almost surely heard guys with well-pressed open collared shirts talking about Tom Montag.
Brian T. Moynihan takes the stage at a Midtown Manhattan hotel on Monday to tell investors what is in store for Bank of America, but already the chief executive’s plans are generating the kind of buzz reserved for the opening of a Broadway show down the street. The NY Times reports.
The Bank of America CEO had protested the financial institution didn't need to raise capital, but then strikes a $5 billion deal with Warren Buffett a few weeks later, much to the ire of the "Fast Money" traders.
Since CEO Brian Moynihan took the title as CEO at the start of 2010, the stock is down more than 50 percent. Insight with Jonathan Finger, BofA shareholder.
Bank of America may not understand its capital problem, at least from an investor viewpoint.
BofA won't rule out chapter 11 filling for Countrywide unit. CNBC's Kate Kelly has the latest details from the CEOs conference call.