Bank of America

A sign for a Bank of America branch is viewed on April 16, 2014 in New York City. (credit: Spencer Platt/Getty Images)

Justice Department Announces Nearly $17 Billion Settlement With Bank Of America

The Justice Department has announced a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis.

08/21/2014

File photo of a courtroom. (Joe Raedle/Getty Images)

Justice’s Wheels Slowed As Shutdown Hits Courts

The government shutdown is slowing the wheels of justice in federal courts by delaying civil cases, forcing prosecutors to operate with skeleton staffs and raising uncertainty about the system’s immediate future if the stalemate continues past Thursday.

10/14/2013

A sign marks the location of the Bank of America Corporate Center, which houses the corporate headquarters for Bank of America on July 11, 2012 in Charlotte, N.C. (credit: Scott Olson/Getty Images)

DOJ Files Lawsuit Against Bank Of America Over $850M Mortgage Bond Sale

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 during 2008.

08/07/2013

(credit: Thinkstock)

Female Bank Robber in Chantilly

Fair Oaks Police are looking for a female suspect in a bank robbery in Chantilly, Monday.

07/15/2013

Regulators want to require eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system.  (Photo by Justin Sullivan/Getty Images)

Regulators Proposing Stricter Rules For ‘Too Big To Fail’ Banks

Regulators want to require eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system.

07/08/2013

The aftermath of an attempted robbery of an ATM in Potomac, Md. (Credit: Kevin Patrick/All-News 99.1 WNEW)

Attempted Robbery in Md. Includes Backhoe, ATM

You’ve heard of bank robberies, but you probably haven’t heard of anything quite like this.

05/07/2013

As big financial institutions like Goldman Sachs and JPMorgan Chase get set to report earnings over the next week, they are under pressure to show investors they can correct mistakes from the financial crisis and still post big profits. While profitable of late, there are worries that the recent run-up in earnings is just masking the problems. (Photo credit should read JIM WATSON/AFP/Getty Images)

Looking To Avoid ‘Too Big To Fail’ Scrutiny, Banks Set To Announce Earnings

As big financial institutions like Goldman Sachs and JPMorgan Chase get set to report earnings over the next week, they are under pressure to show investors they can correct mistakes from the financial crisis and still post big profits. While profitable of late, there are worries that the recent run-up in earnings is just masking the problems.

04/11/2013

File photo of Chase bank. (credit: Getty Images)

Fewer US Banks Failing As Industry Strengthens

U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They’re helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.

12/28/2012

Credit: LIONEL BONAVENTURE/AFP/GettyImages

Bono To Deliver Keynote Address on Social Movement at Georgetown Monday

A celebrity musician and activist is scheduled to deliver the keynote address during a special event at Georgetown University Monday evening.

11/12/2012

Photo credit: Mario Tama/Getty Images

Major Banks Already Testing Mobile In-Store Purchases

Bank of America is looking to the future with the connection between smart phones and bank accounts by a testing a new techy method of payment.

09/27/2012

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