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  1. 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...

  2. 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...

  1. 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...

  2. 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...

  3. 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...

  4. 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...

  5. 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...

  6. 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...

  7. 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...

  8. 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...

  9. 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...

  10. 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.”...

  11. 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...

  12. 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...

  13. 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,...

  14. 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...

  15. 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...

  16. 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...

  17. 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...

  18. 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...

  19. 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...

  20. 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...

  21. 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...

  22. 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...

  23. 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...

  24. 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...

  25. 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...

  26. 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...

  27. 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...

  28. 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...

  29. 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...

  30. 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,...

  31. 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...

  32. 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,...

  33. 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...

  34. 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...

  35. 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...

  36. FT Alphaville

    July 6, 2011

    Investors contest $8.5bn BofA settlement

    Bondholders have combined to challenge an $8.5bn deal that Bank of America struck last week with other investors to settle...

  37. FT Alphaville

    July 6, 2011

    Investors challenge $8.5bn MBS settlement with BofA

    A group of bond investors plans to challenge an $8.5bn deal that Bank of America struck last week with other investors...

  38. July 5, 2011

    Bond investors challenge $8.5bn BofA settlement

    A group of bond investors plans to challenge an $8.5bn deal that Bank of America struck last week with other investors to...

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