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Stock Market & Financial Investment News

News Breaks
April 9, 2014
13:37 EDTBACBank of America ordered by CFPB to pay $727M for illegal credit card practices
The Consumer Financial Protection Bureau has ordered Bank of America, N.A. and FIA Card Services, N.A. to provide an estimated $727M in relief to consumers harmed by practices related to credit card add-on products. Roughly 1.4M consumers were affected by Bank of America’s deceptive marketing of their add-on products. Bank of America also illegally charged approximately 1.9M consumer accounts for credit monitoring and credit reporting services that they were not receiving. Bank of America will pay a $20M civil money penalty to the CFPB.
News For BAC From The Last 14 Days
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November 25, 2014
06:04 EDTBACBank of America implied volatility of 15 at lower end of index mean range
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November 24, 2014
07:01 EDTBACFed could further restrict banks' commodities businesses, NY Times says
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06:26 EDTBACFaith-based investors ask BofA to split chairman, CEO roles, WSJ reports
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November 21, 2014
07:24 EDTBACBB&T CEO says 'banks lending recklessly' again, Reuters reports
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November 20, 2014
07:23 EDTBACBoston Security Analysts Society to hold a conference
Sustainable Investing: Taking the Long View is being held in Boston on November 20.
07:11 EDTBACBofA/Merrill to hold a conference
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November 19, 2014
07:51 EDTBACClearing House Payments Company to hold a conference
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November 17, 2014
10:15 EDTBACBank of America reports October default rate 2.81% vs. 2.93% last month
Reports October delinquency rate 1.94% vs. 1.92% last month.
November 12, 2014
16:23 EDTBACOn The Fly: Closing Wrap
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12:38 EDTBACOn The Fly: Midday Wrap
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10:14 EDTBACOCC fines Bank of America, Citigroup, JPMorgan $950M over FX trading
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07:28 EDTBACBofA/Merrill to hold a conference
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