Quantcast
Home » Bank of America You are browsing entries tagged with “Bank of America”

Bank of America to pay $11.6B in Fannie Mae deal

In this Dec. 13, 2012, photo, a customer stops at a Bank of America ATM office in Boston. Bank of America Corp. said Monday, Jan. 7, 2013, it would pay $11.6 billion to settle claims on soured loans sold to government-backed mortgage finance giant Fannie Mae during the home price bubble.  AP PHOTO/CHARLES KRUPA

WASHINGTON—Bank of America said Monday it would pay $11.6 billion to settle claims on soured loans sold to government-backed mortgage finance giant Fannie Mae during the home price bubble.   Under the agreements, Bank of America Corp. said it would pay $3.55 billion in cash to Fannie Mae and repurchase for $6.75 billion some residential [...]

Posted: January 7th, 2013 in Latest Business Stories | Read More »

Bank of America job cuts could hit 40,000—report

bank-of-america

US financial giant Bank of America is considering cutting up to 40,000 jobs as part of a hotly anticipated round of belt-tightening, the Wall Street Journal reported Friday.

Posted: September 9th, 2011 in Featured Gallery,Latest Business Stories | Read More »

Bank of America to cut 3,500 jobs—report

bank-of-america

Bank of America will cut 3,500 jobs this quarter as part of a wider restructuring that could lead to the loss of thousands more jobs, the Wall Street Journal reported Friday.

Posted: August 19th, 2011 in Featured Gallery,Latest Business Stories | Read More »

Advertisement

News

  • QCPD dares 2 men in road rage case to show up, clear names
  • Only 3 of 20 tagged in hazing death appear for DOJ probe
  • Cainta cop held in Manila for ‘tasing’ his ex-worker
  • Did you know: National Language Month
  • CIA apologizes for spying on US Senate
  • Sports

  • Manny Pacquiao to retire from boxing in 2016
  • Cagayan rises above Ateneo in five sets
  • V-League: UP toughens up for thrilling win vs PNP
  • Stern sees Sterling saga ending well, lauds Silver
  • No. 1 Bulldogs feast on Falcons
  • Lifestyle

  • Leave something off
  • Basti Artadi’s rock and roles
  • Bicol U’s ‘big man’ says goodbye
  • Black and white city
  • The youth react to President Aquino’s Sona
  • Entertainment

  • ‘A Cinemalaya film should still have a life after the fest’
  • Gretchen Barreto keeps mum on Julia
  • Gary Valenciano’s birthday show a family affair
  • No longer in hiding, TNT finds way home
  • Versatile Brit band serves up feast for both the eyes and ears
  • Business

  • Bangko Sentral raises key policy rates
  • Bidders sought for P4-B FTI transport hub project
  • Biz Buzz: SMC-Tan faceoff
  • Dual airport scheme for Luzon urged
  • Only 1 of 10 makes it to 3rd generation
  • Technology

  • Mommy D trends online amid reports she has a boyfriend
  • Britain to trial driverless cars from 2015
  • Japanese gov’t, publishers demand online ‘Manga’ pirates to shut down
  • Twitter flies on surprisingly strong numbers
  • China investigating Microsoft in monopoly case
  • Opinion

  • Editorial cartoon, August 1, 2014
  • Editorials
  • Stop cartels like Philip Morris
  • Backing down from confrontation
  • Valuing teachers
  • Global Nation

  • Foreigner found dead in Cavite tunnel
  • PH to rent ship for evacuation of Filipinos in strife-torn Libya
  • PH ranks with strife-torn Syria, Iraq in human development
  • DFA: Mandatory repatriation in Libya continues
  • Filipinos wary of NY City ID cards for the undocumented
  • Marketplace
    Advertisement