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    1. August 24, 2014

      US banks try to find a pattern in settlement talks

      Bank of America’s record settlement with the US government last week has taken the total penalties imposed by the...

    2. August 21, 2014

      Bank of America braced for $17bn settlement over mortgages case

      The US Department of Justice is poised to announce a record $16bn-$17bn settlement with Bank of America over allegations it...

    1. August 7, 2014

      Bank of America: new beginnings

      Buyer’s remorse. That is what Bank of America must have as it prepares to pay about $16bn to end a probe into the sale of...

    2. June 6, 2014

      BofA in talks to pay $12bn over probe

      Bank of America is in talks to pay at least $12bn in cash and homeowner relief to end a long-running civil investigation by...

    3. March 26, 2014

      BofA in $9.5bn settlement with regulator

      Bank of America agreed on Wednesday to a $9.5bn settlement with a US housing regulator, as its former chief executive agreed...

    4. FT Alphaville

      October 23, 2013

      The Closer

      FURTHER FURTHER READING - Has China’s debt crisis moment arrived? - Is a currency crisis bad for you at the ZLB? - A chance...

    5. October 23, 2013

      US jury rules against Bank of America in mortgage trial

      Bank of America defrauded two government-backed mortgage companies by selling them defective home loans, a jury found on...

    6. September 22, 2013

      BofA set to defend fraud claims in court

      The US government’s first courtroom test on allegations that banks defrauded investors by selling them defective mortgages...

    7. July 19, 2013

      Don’t bank on a Glass-Steagall fix

      Five years after the financial crisis, regulators and politicians are enjoying a second wind in their efforts to rein in the...

    8. April 7, 2013

      Student landlord seeks funding before IPO

      A student housing landlord is to become the first education-property company to list on the stock market for a decade, in a...

    9. March 4, 2013

      BofA loses claim over bond insurance

      A judge has ruled against Bank of America’s claim that a New York regulator improperly allowed MBIA, the bond insurer, to...

    10. January 7, 2013

      BofA deal is at a high cost but eases fears

      Nearly two years ago to the day, Bank of America announced it had resolved “substantial legacy issues” with respect to...

    11. January 2, 2013

      Bank of America - beware ghosts

      “The past is never dead. It’s not even past.” Faulkner’s famous line neatly sums up the bear case on Bank of America. The...

    12. January 2, 2013

      Bank of America – beware ghosts

      “The past is never dead. It’s not even past.” Faulkner’s famous line neatly sums up the bear case on Bank of America. The...

    13. June 17, 2012

      Memories of Lehman hang over Greek polls

      “This column is called The Long View. It is meant to have a long time horizon and to have a broad scope. This is a problem.”...

    14. June 6, 2012

      Fannie Mae promotes Mayopoulos to top post

      Timothy Mayopoulos, who was dismissed as general counsel of Bank of America in late 2008, has been named new chief executive...

    15. FT Alphaville

      April 9, 2012

      Guest post: Dan McCrum on the history of a Countrywide mortgage

      The FT’s US investment correspondent Dan McCrum submits this guest post for FT Alphaville, adding more detail on the...

    16. April 9, 2012

      New threat emerges from the shadows

      When it came to reforming the global financial system, regulators focused on the banks. Weakened by the 2008 crisis,...

    17. March 29, 2012

      BofA settlement clears legal hurdle

      Bank of America took an important step toward cementing a $8.5bn legal settlement that is crucial to its future when a court...

    18. February 29, 2012

      SEC builds case against banks on warnings

      US regulators investigating banks’ disclosures with mortgage securities are building their cases on warnings by due...

    19. February 26, 2012

      Wells Fargo’s reticence pays off

      This is an exciting time for an institution that delights in being dull. In the go-go 2000s, when exotic mortgages were...

    20. February 24, 2012

      Housing crash survivors fight back

      The dozen men and women sat in a darkened room at a sprawling Aztec pyramid-shaped Mexican restaurant in Phoenix, parrots...

    21. January 25, 2012

      Obama to form mortgage fraud task force

      The Obama administration will join forces with New York attorney-general Eric Schneiderman to investigate alleged frauds...

    22. December 21, 2011

      BofA to pay $335m over discrimination claims

      Bank of America will pay $335m to resolve US allegations that the lender discriminated against African-American and Hispanic...

    23. FT Alphaville

      December 20, 2011

      Bank of America stock closes below $5

      Investors have dumped Bank of America, driving its share price to a near three-year low of $4.99 and raising fresh worries...

    24. FT Alphaville

      December 20, 2011

      Bank of America stock closes below $5

      Investors have dumped Bank of America, driving its share price to a near three-year low of $4.99 and raising fresh worries...

    25. December 19, 2011

      Bank of America stock closes below $5

      Investors have dumped Bank of America, driving its share price to a near three-year low and raising fresh worries over the...

    26. December 18, 2011

      SEC bares teeth with Fannie and Freddie charges

      The Securities and Exchange Commission’s civil fraud charges against six former Fannie Mae and Freddie Mac executives brings...

    27. November 28, 2011

      RBS to pay $52m to settle subprime claims

      Royal Bank of Scotland will pay $52m to settle allegations that it financed, purchased and securitised subprime home loans...

    28. November 8, 2011

      Morgan Stanley accused over mortgage bonds

      Morgan Stanley revealed on Monday it is being targeted over alleged mortgage mis-selling by the same law firm that brokered...

    29. FT Alphaville

      October 20, 2011

      BofA mortgage settlement faces court hurdle

      Bank of America’s proposed $8.5bn settlement with mortgage-bond investors must be considered in federal court and not in New...

    30. September 30, 2011

      BofA and JPMorgan sued over securities

      Bank of America and JPMorgan Chase were sued for selling $4bn of mortgage-backed securities to German lenders that later...

    31. September 16, 2011

      BofA to cut 30,000 jobs as US economy falters

      Bank of America, the biggest US bank by assets, this week said it would slash 30,000 jobs and $5bn in annual expenses as the...

    32. September 9, 2011

      BofA to slash costs by 15%

      Bank of America is poised to announce a three-year programme to slash costs by as much as 15 per cent - or $10bn - shedding...

    33. September 2, 2011

      US-based banks face mortgage lawsuits

      The largest banks operating in the US have been told to expect lawsuits from a federal regulator in the next few days,...

    34. August 15, 2011

      BofA to sell credit card assets

      Bank of America moved to shore up its capital levels by selling one of its international credit cards businesses, but the...

    35. August 8, 2011

      AIG set to sue BofA for $10.5bn

      Bank of America shares dropped as much as 23 per cent on Monday, making it the worst performer in the Standard & Poor’s 500,...

    36. July 12, 2011

      New York attorney-general probes BofA settlement

      New York’s attorney-general sent letters to 20 investment managers, including BlackRock Financial Management and Goldman...

    37. July 9, 2011

      BofA looks to troubleshooter as new risk officer

      Bank of America named Terry Laughlin its chief risk officer, reassigning one of chief executive Brian Moynihan’s key...

    38. July 8, 2011

      Bank of America agrees to sell Balboa unit

      Bank of America has agreed to sell its Balboa Life Insurance unit to Securian Financial, a US provider of insurance and...

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