In a growing number of foreclosure cases, lenders may never be able to seize the homes because the state statutes of limitations have been exceeded.» Read More
Bank of America Corp. fell$. 12 or. 8 percent, to $15.49. Citigroup Inc. fell$. 36 or. 7 percent, to $51.58. Goldman Sachs fell $3.36 or 1.8 percent, to $187.92.
Citigroup Inc. fell$. 08 or. 2 percent, to $51.86. Goldman Sachs fell $1.18 or. 6 percent, to $190.10. JPMorgan Chase fell$. 03 or percent, to $60.43.
Bank of America Corp. fell$. 11 or. 7 percent, to $15.61. Goldman Sachs fell$. 68 or. 4 percent, to $191.28. JPMorgan Chase fell$. 68 or 1.1 percent, to $60.46.
March 24- Michael W. Miller, who headed Bank of America Corp's trading of some U.S. mortgage bonds, left the company to pursue personal goals, Bloomberg reported. Miller joined Bank of America in 2000 and traded bonds known as agency pass-through securities, the report said. Zia Ahmed, a Bank of America spokesman, declined to comment.
HONG KONG, March 25- When little-known Chinese taxi-hailing app Didi Dache needed $15 million to grow its business two years ago, a local upstart investment bank stepped in to help it raise the funds from social networking giant Tencent Holdings Ltd.. Didi tapped Bao to put together the deal, sidestepping Wall Street heavyweights like Goldman Sachs and Morgan...
Bank of America Corp. fell$. 06 or. 3 percent, to $15.67. Citigroup Inc. fell$. 28 or. 5 percent, to $52.20. JPMorgan Chase fell$. 28 or. 5 percent, to $60.86.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 6 percent to $33.07 with 19,740,000 shares traded. Alcoa Inc. rose. 7 percent to $13.09 with 31,992,200 shares traded.
Bank of America Corp. fell$. 01 or. 1 percent, to $15.71. Citigroup Inc. fell$. 26 or. 5 percent, to $52.22. Morgan Stanley fell$. 26 or. 7 percent, to $36.05.
Saying goodbye is one of the hardest things in life. Especially when it is to a friend who has brought you joy, peace of mind and ... profits.
Bank of America Corp. fell$. 12 or. 8 percent, to $15.72. Citigroup Inc. fell$. 50 or. 9 percent, to $52.48. Goldman Sachs fell $1.17 or. 6 percent, to $191.96.
BOSTON, March 23- Bank of America's Merrill Lynch brokerage unit agreed to pay a $2.5 million fine in Massachusetts to settle charges that it failed to follow its own compliance rules, the state's top securities regulator said on Monday. Secretary of the Commonwealth William Galvin accused Merrill, Lynch, Pierce, Fenner& Smith of failing to supervise employees...
Bank of America Corp. fell$. 06 or. 4 percent, to $15.78. Citigroup Inc. fell$. 27 or. 5 percent, to $52.71. Goldman Sachs rose$. 21 or. 1 percent, to $193.34.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 2 percent to $33.28 with 22,700,000 shares traded. Alcoa Inc. rose. 2 percent to $13.00 with 24,878,800 shares traded.
Bank of America Corp. fell$. 07 or. 4 percent, to $15.77. Citigroup Inc. fell$. 28 or. 5 percent, to $52.70. Goldman Sachs rose$. 50 or. 3 percent, to $193.63.
WASHINGTON— Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months. Sales of existing homes rose 1.2 percent last month to a seasonally adjusted annual rate of 4.88 million, a slight rebound after plunging in January yet still underperforming...
WASHINGTON— The National Association of Realtors reports on February sales of existing homes Monday at 10 a.m. Eastern. Housing starts plunged 17 percent in February, the Commerce Department reported last week. Buyer traffic also slipped last month, according to the National Association of Home Builders/Wells Fargo index.
Bank of America Corp. rose$. 23 or 1.5 percent, to $15.84. Citigroup Inc. rose$. 60 or 1.1 percent, to $52.98. Goldman Sachs rose $3.16 or 1.7 percent, to $193.13.
March 20- Bank of America Corp joined a growing list of U.S. companies that are changing their corporate governance rules to make it easier for shareholders to nominate directors, after talks with pension funds. New York City Comptroller Scott Stringer, who oversees pension funds and has pushed for proxy access at other companies, said Bank of America made its...
March 20- A federal judge rejected Bank of America Corp's request to dismiss a lawsuit in which Cook County, Illinois, accused the lender of targeting black and Hispanic borrowers in the Chicago area with subprime mortgages. District Judge Elaine Bucklo in Chicago said Cook County could pursue allegations that the bank steered minority borrowers into an...
NEW YORK/ BOSTON, March 20- Rapid7, LogRythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter. Shares of publicly traded cybersecurity firms have outperformed the market in recent months, as...