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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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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. 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
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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. Another bank that signed the settlement, Wells Fargo &...
Tags: Mortgages, JPMorgan Chase & Co., Consumers, Finance, Citigroup Incorporated
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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
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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. 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
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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...
Tags: Theft, Crime, Law and Justice, Emergency Incidents, FBI, Prosecution
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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. Outstanding household debt,...
Tags: Federal Reserve, Loans, Consumers, Social Issues, Credit and Debt
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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. Small business owners were slightly more optimistic in April,...
Tags: Sales, Federal Reserve, Petroleum Industry, Upstream Oil and Gas Activities, Central Bank
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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. 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
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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. -------------------- FOR THE RECORD: Scully: A May 14 Op-Ed about Vin Scully said...
Tags: Trips and Vacations, Sports, Jackie Robinson, Travel, New York Yankees
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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. According to the study, 64% of the so-called “mass affluent,&...
Tags: Colleges and Universities, Education
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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. 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
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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. Atty. Gen. Eric Schneiderman's office said Monday it intends to sue the banks for...
Tags: Mortgages, JPMorgan Chase & Co., Citigroup Incorporated, Litigation, Banking
May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| AP Member Choice Complete
May 14, 2013
|Column| Los Angeles Times
May 14, 2013
|Story| Los Angeles Times
May 13, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Los Angeles Times
May 6, 2013
|Story| Los Angeles Times
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