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Bank Of America Expects $1.8B Gain From Stake In Chinese Bank
CHARLOTTE, N.C. (AP) — Bank of America will sell most of its remaining shares in China Construction Bank as it raises cash and shores up its capital base. The latest sell-off in the Chinese bank,...
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Bank Of America Settles Mortgage Suit For $315M
NEW YORK (AP) — Bank of America has agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit. The settlement was...
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Bank Of America Sells 400M Shares, $2.3B In Debt
NEW YORK (AP) — In an effort to strengthen its balance sheet, Bank of America in November and December sold 400 million common shares and issued $2.3 billion in debt to replace $5.8 billion of...
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Panthers Vs Giants Excitement
On Thursday night the sports world will turn its attention to Bank of America Stadium in Charlotte, NC as the Carolina Panthers host the defending Super Bowl Champions the New York Giants. Giants fans...
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Best Public Art in Uptown Charlotte
Uptown Charlotte is fortunate to have an abundance of free art on display for the public. From The Green to the lobby of the Carillon Building, there’s always something to see, and it’s all for free....
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US Sues Bank Of America For $1B For Mortgage Fraud
NEW YORK (AP) — The top federal prosecutor in Manhattan sued Bank of America for more than $1 billion on Wednesday for mortgage fraud against Fannie Mae and Freddie Mac during the years around the...
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Report: Bank Of America Delays Higher Account Fees
NEW YORK (AP) — Bank of America is postponing an increase in monthly fees for checking accounts, according to a report in The Wall Street Journal. The paper cited unnamed people familiar with the...
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Bank Of America In $10B-Plus Mortgage Settlement
CHARLOTTE, N.C. (AP) — Bank of America says it will spend more than $10 billion to settle mortgage claims resulting from the housing meltdown. Under the deal announced Monday, the bank will pay $3.6...
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Bank Of America’s Fourth-Quarter Earnings Plummet By Over $1 Billion
NEW YORK (AP) — Bank of America says its fourth-quarter earnings shrank as it cleaned up old problems from its mortgage unit. The bank made $367 million in the last three months of 2012 after paying...
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Bank Of America To Settle Mortgage Investors’ $500M Class-Action
NEW YORK (AP) — Bank of America has agreed to settle a class-action lawsuit brought by investors who bought mortgage investments from Countrywide Financial, the California-based lender it acquired in...
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Officials: Obama Naming Watt For Housing Post
WASHINGTON (AP) — President Barack Obama intends to nominate Rep. Melvin Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie...
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Charlotte Bank Robbery Leads To Police Chase, Suspects Arrested
(CBS Charlotte) — A short time ago a robbery was reported at the Bank of America on Albermarle Road. According to the Charlotte-Mecklenburg Police Department, the suspects fled the area by vehicle and...
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US Gov’t Sues BofA Over Mortgage Bond Sale
WASHINGTON (AP) — The U.S. government has accused Bank of America Corp. of civil fraud, saying the company failed to disclose risks and misled investors in its sale of $850 million of mortgage bonds...
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Bank Of America Told To Pay In Discrimination Case
CHARLOTTE, N.C. (AP) — An administrative law judge with the U.S. Department of Labor has ordered Bank of America to pay black job applicants more than $2 million in back wages and interest to settle a...
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Keselowski Finally Gets A Break, And A Victory
CONCORD, N.C. (AP) — It was just another surreal moment in this disappointing season for defending champion Brad Keselowski. He pulled away from his pit stall with his jack planted underneath his car....
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[PHOTOS] Phase 1 Of Carolina Panthers’ New Renovations To Bank Of America...
Team President Danny Morrison announced today the first of three renovation phases happening to Bank Of America Stadium starting in 2014. Over the course of the next three years in the off-season, the...
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Liverpool & AC Milan To Play At Bank Of America Stadium
CHARLOTTE, N.C. (AP) — Liverpool will play Manchester City, AC Milan and Olimpiakos during a preseason U.S. exhibition tour, and Manchester United will face Inter Milan and Roma. Liverpool opens...
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