Bank of America to pay $284mn in overdraft case
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NEW YORK, December 31  - According to a California court ruling, Bank of America Corp (BAC.NYS) would have to pay $284 million to customers who were charged overdraft fees on accounts containing customer social security deposits.
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The government says it will cover losses by financial institutions providing money to the troubled bank.
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NEW YORK A federal judge in Manhattan says MCI may have violated a court order by paying more than 25 (m) million dollars in professional services fees as part of its bankruptcy proceedings in excess of caps on such fees.
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Are bank overdraft charges designed to drive you into debt?
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Bank of America Corp.  agreed  to pay $26 million to settle regulatory charges that it issued  false equity research, and let its own traders misuse analyst  reports to generate improper profits.
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Bank of America Corp. BAC.N will cut  an additional 4,500 jobs from its ranks, increasing the number  of jobs lost since its FleetBoston Financial acquisition by 36  percent to 17,000.
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The Alliance & Leicester bank has apologised for a letter sent  to customers reclaiming overdraft charges.
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CHARLOTTE, NC Oct. 7, 2004 - Bank of America Corp. said Thursday that it plans to cut about 2.5 percent of its work force, eliminating about 4,500 jobs as part of a restructuring following its acquisition of FleetBoston Financial Corp.
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Bank of America Corp., the third- biggest US bank, will cut 4,500 jobs in addition to the 12,500 positions it will eliminate as part of the purchase of FleetBoston Financial Corp.
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The layoffs are a result of Bank America&#39;s merger with FleetBoston Financial Corporation.
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Bank of America Corp. said Friday it had filed for damages against former officials and auditors of collapsed dairy giant Parmalat at a preliminary hearing in Milan, as the bank attempts to avoid blame in the ...
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Bank of New York Co. Inc. is talking to US prosecutors about paying a $24 million penalty in order to avoid a criminal indictment on charges of failing to report suspicious activity at
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Bank of America Corp said on Friday it agreed to acquire battered mortgage lender Countrywide Financial Corp in a $4 billion transaction that could help avert one of the biggest collapses from the U.S. housing crisis.
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Bank of America said Thursday that it would cut an additional 4,500 jobs from its work force, increasing the number pared since its acquisition of FleetBoston Financial by 36 percent, to 17,000.
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CHARLOTTE, NC - Bank of America said Thursday it will cut about 4,500 jobs beginning this month as a result of its merger with FleetBoston Financial Corp.
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A Spanish judicial body said Tuesday it will investigate how Barclays bank received a court order to pay 1.1 quadrillion euros ($1.4 quadrillion US) in compensation to the former owner of a Spanish bank it ...
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HOUSTON - Wall Street brokerage house Lehman Brothers has agreed to pay $222.5 million to a class-action lawsuit alleging that it and other banks and brokerages helped Enron Corp.