Tag Archives: EBSB

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 …

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Berkshire Hills (NASDAQ:BHLB) Inks $132 Million Deal to Acquire Beacon Federal (NASDAQ:BFED) – BHLB, EBSB, PBCT, CBNK

Berkshire Hills Bancorp, Inc (NASDAQ:BHLB) has decided to purchase BEACON FEDERAL BANCORP, INC (NASDAQ:BFED) in an agreement of worth almost $132 million that would increase Berkshire’s presence in markets in central New York.

Beacon, which provides 7 full-service offices with …

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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 …

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