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Bank of AmericaBank of America to pay $2.43B in settlementSubmitted by WWAY on Fri, 09/28/2012 - 8:56am.READ MORE:
Bank of America says it will pay $2.43 billion to settle a class-action lawsuit related to its acquisition of Merrill Lynch.
Full story... » DNC Day 2: Delegates, celebrities react to decision to move Obama speechSubmitted by WWAY on Thu, 09/06/2012 - 2:36pm.READ MORE:Five arrested at Bank of America demonstrationSubmitted by WWAY on Wed, 05/09/2012 - 11:42am.READ MORE:
Five people have been arrested as they tried to force their way into the annual shareholders' meeting for Bank of America in Charlotte.
Full story... » Brunswick Co. golf course owner being sued by Bank of AmericaSubmitted by WWAY on Wed, 04/25/2012 - 5:13pm.READ MORE:
The future of numerous developments and tracts of land in Brunswick County, including the four-course Ocean Ridge Plantation and Rivers Edge Golf Club, are in question because of a lawsuit filed by Bank of America against the properties’ owner.
Full story... » States, banks reach foreclosure-abuse settlementSubmitted by WWAY on Thu, 02/09/2012 - 1:23pm.READ MORE:
North Carolina communities will benefit from millions of dollars to help struggling homeowners facing foreclosure, as well as more housing counselors, financial fraud investigators and prosecutors, and stronger mortgage standards.
Full story... » BofA debit fee plan led to 20% jump in closed accountsSubmitted by WWAY on Mon, 01/23/2012 - 2:16pm.READ MORE:
The days of the easy fee grab may be coming to an end. Bank of America's failed plan to impose a $5 monthly debit card fee led to a 20 percent increase in closed accounts in the last three months of 2011 and a public relations headache, which other companies may be keen to avoid.
Full story... » Bank of America settles mortgage suit for $315 millionSubmitted by WWAY on Tue, 12/06/2011 - 12:37pm.READ MORE:
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.
Full story... » Deal gives BofA rights to Charlotte airport ATMsSubmitted by Katelyn Supa on Tue, 11/15/2011 - 9:15am.READ MORE:
A deal to give Bank of America exclusive rights to all automated teller machines at Charlotte-Douglas International Airport is expected to provide the airport with $1.6 million in annual revenue, more than twice what it now makes.
Full story... » Judge OKs $410M settlement in Bank of America overdraft fee caseSubmitted by WWAY on Mon, 11/07/2011 - 5:46pm.READ MORE:
A federal judge in Miami has approved a $410 million settlement in a lawsuit claiming Bank of America charged
excessive overdraft fees.
Full story... » Bank of America nixes $5 debit card feeSubmitted by WWAY on Tue, 11/01/2011 - 3:26pm.READ MORE:
Bank of America is nixing its plans to charge a $5 debit card fee. The bank says in a statement that the decision to scrap the plan came after listening to customer feedback in recent weeks.
Full story... » Occupy Wilmington protests corporate control downtownSubmitted by Katie Harden on Sat, 10/15/2011 - 4:22pm.READ MORE:Bank of America website woes last into 6th daySubmitted by WWAY on Wed, 10/05/2011 - 1:01pm.READ MORE:
Bank of America's website is having troubles for the sixth straight day, meaning customers may still have difficulty signing into their accounts.
Full story... » Bank of America will cut 30,000 jobsSubmitted by WWAY on Mon, 09/12/2011 - 11:27am.READ MORE:
Bank of America says it will cut about 30,000 jobs over the next few years in a bid to save $5 billion per year. The troubled bank says it expects many of the cuts will come through attrition and eliminating unfilled positions.
Full story... » FIRST ON 3: Wilmington man convicted of robbing three banks in '09Submitted by WWAY on Thu, 07/14/2011 - 4:46pm.READ MORE:
A federal jury has convicted a man of robbing three Wilmington banks nearly two years ago.
Full story... » Bank of America in $8.5B mortgage settlementSubmitted by WWAY on Wed, 06/29/2011 - 9:03am.READ MORE:
Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed.
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