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A collection of news and information related to Bank of America Corp. published by this site and its partners.

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    May 22, 2013 |Story| Los Angeles Times
  1. JPMorgan's Jamie Dimon survives vote to strip him of chairman role

    NEW YORK – Jamie Dimon survived a bruising fight to strip him of his chairmanship, but directors at JPMorgan Chase & Co. may still have to calm restive shareholders.
    NEW YORK – Jamie Dimon survived a bruising fight to strip him of his chairmanship, but directors at JPMorgan Chase & Co. may still have to calm restive shareholders. Dimon, JPMorgan's savvy chairman and chief executive, easily beat a proposal to...

    Tags: Jamie Dimon, Annual and Special Corporate Meetings, Companies and Corporations, Finance, Citigroup Incorporated

  2. May 22, 2013 |Story| Los Angeles Times
  3. BofA, JPMorgan say they have fulfilled mortgage settlement terms

    Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials.
    Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials. Another bank that signed the settlement, Wells Fargo &...

    Tags: Mortgages, JPMorgan Chase & Co., Consumers, Finance, Citigroup Incorporated

  4. May 21, 2013 |Story| Los Angeles Times
  5. Family of man killed by Downey police settles for $4.5 million

    The family of an unarmed man killed by a Downey police officer with a submachine gun in a case of mistaken identity has agreed to a $4.5-million settlement with the city's insurer. Michael Nida, 31, was fatally shot in the back Oct. 22, 2011, by Officer...

    Tags: Justice System, Insurance, Theft, Lawyers, Crime, Law and Justice

  6. May 21, 2013 |Story| Los Angeles Times
  7. Bank official's boyfriend held in $565,500 robbery

    It seem like the perfect crime: Masked men snatch an assistant bank manager in her garage, strap a bomb to her and force the woman to rob her own East Los Angeles bank of $565,500.
    It seem like the perfect crime: Masked men snatch an assistant bank manager in her garage, strap a bomb to her and force the woman to rob her own East Los Angeles bank of $565,500. But now authorities allege that one of three men charged with last fall'...

    Tags: Theft, Los Angeles County Sheriff's Department, Crime, Law and Justice, Crimes, Emergency Incidents

  8. May 20, 2013 |Story| Los Angeles Times
  9. Bank manager's boyfriend faked bomb vest, indictment says

    The boyfriend of an assistant bank manager arranged for her to strap on a fake  bomb so she would appear to be a hostage -- setting the stage for him to rob $565,000 from an East Los Angeles bank last year, according to a federal indictment unsealed Monday.
    The boyfriend of an assistant bank manager arranged for her to strap on a fake  bomb so she would appear to be a hostage -- setting the stage for him to rob $565,000 from an East Los Angeles bank last year, according to a federal indictment unsealed...

    Tags: Theft, Crime, Law and Justice, Emergency Incidents, FBI, Prosecution

  10. May 14, 2013 |Story| Los Angeles Times
  11. Families reduced their debt load in first quarter to 2006 level

    WASHINGTON -- American families reduced their debt load in the first three months of the year by 1%, bringing it down to pre-recession levels after an uptick in the last quarter of 2012, the Federal Reserve said Tuesday.
    WASHINGTON -- American families reduced their debt load in the first three months of the year by 1%, bringing it down to pre-recession levels after an uptick in the last quarter of 2012, the Federal Reserve said Tuesday. Outstanding household debt,...

    Tags: Federal Reserve, Loans, Consumers, Social Issues, Credit and Debt

  12. May 14, 2013 |Story| AP Member Choice Complete
  13. Stock market rises back into record territory

    The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses.
    The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses. Small business owners were slightly more optimistic in April,...

    Tags: Sales, Federal Reserve, Petroleum Industry, Upstream Oil and Gas Activities, Central Bank

  14. May 14, 2013 |Column| Los Angeles Times
  15. BofA cuts 2 million customers loose

    It's long been a basic tenet of the business world: You give us more business, we'll reward your loyalty with better deals.
    It's long been a basic tenet of the business world: You give us more business, we'll reward your loyalty with better deals. That's how cable companies operate with their service packages. That's how phone companies work. And until now, that's pretty...

    Tags: Marketing, Mortgages, American Express Company, Loans, Finance

  16. May 14, 2013 |Story| Los Angeles Times
  17. Vin Scully is the true voice of Los Angeles

    My young colleague, Ben Welsh, who hails from Swisher, Iowa, by way of Columbia, Mo., and Washington, D.C., quickly caught on to what we native Angelenos know subliminally.
    My young colleague, Ben Welsh, who hails from Swisher, Iowa, by way of Columbia, Mo., and Washington, D.C., quickly caught on to what we native Angelenos know subliminally. -------------------- FOR THE RECORD: Scully: A May 14 Op-Ed about Vin Scully said...

    Tags: Trips and Vacations, Sports, Jackie Robinson, Travel, New York Yankees

  18. May 13, 2013 |Story| Los Angeles Times
  19. Price not a factor in choosing college, say most of L.A.'s wealthy

    Nearly two-thirds of wealthy Angelenos would allow their children to attend an expensive college, but half of parents refuse to go into debt to pay for it, according to a new survey.
    Nearly two-thirds of wealthy Angelenos would allow their children to attend an expensive college, but half of parents refuse to go into debt to pay for it, according to a new survey. According to the study, 64% of the so-called “mass affluent,&...

    Tags: Colleges and Universities, Education

  20. May 7, 2013 |Story| Los Angeles Times
  21. BofA settles another mortgage lawsuit but is facing a new one

    NEW YORK — As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck it back under.
    NEW YORK — As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck it back under. BofA agreed to settle a big insurer's claims over faulty mortgage bonds for $1.7 billion Monday. But...

    Tags: Mortgages, Insurance, Crime, Law and Justice, Kamala D. Harris, Finance

  22. May 6, 2013 |Story| Los Angeles Times
  23. N.Y. to sue Wells Fargo, Bank of America over mortgage practices

    NEW YORK -- New York state's attorney general plans to sue Wells Fargo and Bank of America over alleged violations of a national mortgage settlement reached last year.
    NEW YORK -- New York state's attorney general plans to sue Wells Fargo and Bank of America over alleged violations of a national mortgage settlement reached last year. Atty. Gen. Eric Schneiderman's office said Monday it intends to sue the banks for...

    Tags: Mortgages, JPMorgan Chase & Co., Citigroup Incorporated, Litigation, Banking

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