CEO Brian Moynihan said the bank faces up to an additional $9 billion in costs related to the financial crisis and mortgages beyond its reserves.
The FDIC, OCC and the Fed jointly proposed new rules on bank borrowing that could hamper lending. The new rules will make the biggest banks fund 5 percent of their assets.
JPMorgan Chase won a court victory today that may have saved it $769 million dollars.
Allstate managed to keep its losses from Hurricane Sandy to $1.075 billion, less than 5 percent of the company's capital and about what it earned in the third quarter of 2012.