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Outages hit Bank of America electronic and phone banking
Bank of America Corp. customers were unable to access its electronic banking operations and telephone call centers Friday morning. "We're addressing the issue as quickly as possible," said Mark Pipitone, a technology and operations spokesman at the...
Tags: Security, Computer Crime, JPMorgan Chase & Co., Theft, Citigroup Incorporated
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Ten banks to pay $8.5 billion to settle foreclosure abuse review
WASHINGTON -- Ten of the nation's largest mortgage servicers have agreed to an $8.5-billion settlement with federal regulators to end a review of foreclosure abuses. The settlement, announced Monday, involved some of the biggest names in the financial...
Tags: Financial and Business Services, Office of the Comptroller of the Currency, Bank of America Corp., Fannie Mae, MetLife Incorporated
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$10-billion settlement of foreclosure abuse cases said to be near
Banks and regulators worked late Sunday to finalize a nearly $10-billion settlement that would halt a much-maligned program to review foreclosures from the height of the housing crisis, according to four people familiar with the talks. At least 14 banks...
Tags: Foreclosures, Goldman Sachs Group, Inc., Financial and Business Services, Office of the Comptroller of the Currency, Bank of America Corp.
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Fair housing group adds Chicago to foreclosure double-standard complaint against Bank of America
A national fair housing group has added Chicago and two other cities to its complaint charging that Bank of America Corp. takes better care of foreclosed properties in white communities than those in predominantly minority neighborhoods. The inclusion of...
Tags: Garfield Park, Foreclosures, Bank of America Corp., Washington, DC, Banking
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Developer sues Baltimore over Poppleton project
Drug addicts sit on the front steps of Anthony Williams' West Baltimore home and use.
The only homeowner left on his block of North Schroeder Street in the Poppleton neighborhood, Williams fears transients living in the vacant rowhouse next door will...Tags: Local Government, Companies and Corporations, Colin Campbell, Stephanie Rawlings-Blake, Rite Aid Corp.
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ABERDEEN/MINNESOTA: Companies avoiding stance on gay marriage amendment
A proposed Minnesota amendment to ban gay marriage won't be fought by several Minnesota-based corporations, including some with Aberdeen ties. Opponents of the marriage amendment on the 2012 ballot see natural allies in the state's prominent companies,...Tags: Same-Sex Marriage, Companies and Corporations, Minority Groups, Manufacturing and Engineering, Economy, Business and Finance
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Chase, other banks backing away from debit card fees
Update: Reuters is reporting that even Bank of America is scaling back on its $5 debit card fee by giving customers more ways to avoid the charge.
Bank of America, which caused an uproar last month when it announced it would introduce a $5 monthly...Tags: Mergers, Acquisitions and Takeovers, Citigroup Incorporated, Bank of America Corp., Credit and Debt
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Wall Street Roundup: Watch out, Buffett. Wall Street's wizard.
Money & CompanyGold: Trading now at $1,891 an ounce, up 2.1% from Friday. Dow Jones industrial average: Trading now at 10,906.46, up 0.8% from Friday. Fed bounce. Investors are looking toward this Friday's Federal Reserve meeting -- the anticipation, along with the........ -
Bank stocks lead market surge on dividend hopes
Money & CompanyThursday’s wild stock market rally got a late boost from a report that federal regulators will open the door for bigger bank-stock dividends. The Federal Reserve is expected to soon allow financially strong banks to increase their dividends, the Wall...... -
Massachusetts high court slaps Wells Fargo, U.S. Bank over improper foreclosures
Money & CompanyThe highest court in Massachussetts has invalidated foreclosures initiated by Wells Fargo Bank and U.S. Bank, saying the banks failed to prove in court that they they owned the mortgages and thus had legal standing to seize the homes. The...... -
California National Bank expected to be seized tonight
Money & CompanyBank regulators are expected later today to take over Los Angeles-based California National Bank in what would mark the fourth-largest bank failure in the country this year, according to people familiar with the situation. The bank, a unit of FBOP...... -
Obama's big-bank tax: Which firms would pay it -- and could they just pass it on?
Money & CompanyThe Obama administration’s proposed “financial crisis responsibility fee” would hit the nation’s biggest names in banking, brokerage and insurance with a new tax aimed at raising about $9 billion a year for federal coffers.Here’s a look at...
Feb 1, 2013
|Story| Los Angeles Times
Jan 7, 2013
|Story| Los Angeles Times
Jan 6, 2013
|Story| Los Angeles Times
Oct 24, 2012
|Story| Chicago Tribune
Jul 12, 2012
|Story| Baltimore Sun
Oct 24, 2011
|Story| Aberdeen News
Oct 28, 2011
|Story| Baltimore Sun
Aug 22, 2011
| Los Angeles Times
Nov 4, 2010
| Los Angeles Times
Jan 7, 2011
| Los Angeles Times
Oct 30, 2009
| Los Angeles Times
Jan 14, 2010
| Los Angeles Times
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