Tag Archives: BKU
Bank of America (NYSE:BAC) Settles Class-Action lawsuit in $2.43 Billion Deal – BAC, BKU, BHLB, FHN
Bank of America Corp. (NYSE:BAC) mentions that it has decided to pay $2.43 billion to fix a class-action court case linked to its purchase of Merrill Lynch at the height of the financial crisis.
Shareholders alleged the Bank of America …
Bank of America’s (NYSE:BAC) Veteran William Couper Retires – BAC, BKU, FHN, LSBK
The Charlotte, North Carolina based Bank of America Corp. (NYSE:BAC) reported that its Mid-Atlantic president William Couper is quitting at the end of current month after serving the financial giant around 40-years.
The bank reported that William Couper has served …
Bank of America’s (NYSE:BAC) European Equities Strategy Chief Gary Baker Departs – BAC, BKU, BHLB, FHN
European equities strategy chief of Bank of America Corp (NYSE:BAC) Gary Baker is being substituted by John Bilton in the middle of a restructuring of the company’s research department, according to 3 persons with direct knowledge about the action.
The …
Bank of America (BAC) Selling Credit Cards No More; Ends Lawsuit – BAC, BKU, FHN, FXCB
Bank of America Corp (NYSE:BAC) would cease further selling credit protection services which were the reason of a class action case in which customers accused that they were cost without their will and enrolled through misleading experiences.
A $20 million …
Bank of America (NYSE:BAC) Expects to Lower $40 Billion Long Term Debt in Q2 – BAC, BKU, EBSB, FHN
Bank of America Corp’s (NYSE:BAC) Chief Financial Officer Bruce Thompson reported that the financial company anticipated to lower its long-term debt by almost $40 billion in the Q2, lowering its interest costs by $230 million per quarter going forward.
Bank …
Bank of America (NYSE:BAC) Whistleblower Gets $14.5 Million – BAC, BKU, EBSB, FHN
A former home evaluator would get $14.5 million as piece of a whistleblower court case that charged subprime lender countrywide Financial of inflating evaluations on government-insured loans, his attorneys reported on Tuesday.
Attorneys reported in a news release that Kyle …
