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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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More for Your Money: Securing Chip and PIN cards ahead of time
A couple of recent On the Spot columns (www.lat.ms/19uSnX6 and http://www.lat.ms/11J5PFc) dealt with making sure that travelers have a credit card that's compatible with foreign systems. Many U.S. cards have a magnetic stripe. They are,...
Tags: Interior Policy, Travel, Banking, United Kingdom, U.S. Department of State
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Competition is heating up in mobile payment system industry
Forget ka-ching. Its all tap-tap these days. Restaurants and shop owners fed up with antiquated cash registers and expensive credit card terminals are switching to cheaper devices that plug into smartphones and tablets. And companies such as PayPal,...
Tags: Apple iPad, Business, Computing and Information Technology Industry, E-Commerce Industry, Credit and Debt
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NSA leak and armored-truck robbery: the odd Florida connection
A federal judge in Florida said this week that she would review the constitutionality of the National Security Agency's collection of Americans' phone data after a man accused of masterminding an armed-truck robbery asked for his NSA phone data in hopes...
Tags: FBI, U.S. Department of Justice, Government, Verizon Communications, Trials
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BofA's shrunken mortgage business growing a bit, CFO says
Having slashed away much of its troubled mortgage business, Bank of America Corp. is now growing the what remains, the company's chief financial officer says. CFO Bruce Thompson told analysts that Bank of America, once the nation's largest mortgage...
Tags: Banking, Companies and Corporations, Morgan Stanley Dean Witter & Company, JPMorgan Chase & Co., Fannie Mae
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Citi settles Fannie and Freddie claims over mortgage bond losses
Citigroup Inc. has become the second financial giant to settle a regulator's lawsuits over questionable mortgage bonds sold to taxpayer-owned Fannie Mae and Freddie Mac during the housing bubble. The agreement, disclosed Tuesday, is the second reached...
Tags: Banking, Goldman Sachs Group, Inc., JPMorgan Chase & Co., Trials, Morgan Stanley Dean Witter & Company
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Small businesses added 58,000 jobs in May, report says
Small businesses added 58,000 employees in May with overall private-sector employment increasing by 135,000, according to the ADP National Employment Report. The number of jobs added is up from 49,000 in April, but down from 72,000 in March. Last May...
Tags: Business, Small Businesses
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CNET founder Halsey Minor files for bankruptcy
Halsey Minor, the CNET founder who accumulated a fortune in the tech industry, has filed for bankruptcy in Los Angeles. In the personal bankruptcy filing May 24, Minor cited $50 million to $100 million in liabilities with 60 creditors, and assets of $10...
Tags: HSBC Holdings plc, Eastman Kodak Company, Financially Distressed Companies, Internal Revenue Service, Sotheby's Holdings Incorporated
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Fashion retailer Zara to open downtown L.A. store
Spanish retailer Zara is coming to downtown Los Angeles, bringing a dash of fast fashion to a district increasingly pegged as a potential shopping powerhouse. The 27,000-square-foot store that the trendy chain plans to open in the Figat7th shopping...
Tags: Entertainment, Theater, Fashion Trends, Target, Broadway Theater
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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: Public Employees, Government, California Public Employees' Retirement System, Tampa, Companies and Corporations
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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: Investments, Consumers, Banking, Finance, Mortgages
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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: FBI, Theft, Prosecution, Los Angeles County Sheriff's Department, 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: FBI, Theft, Prosecution, Emergency Incidents, Crime, Law and Justice
Jun 10, 2013
|Story| Los Angeles Times
Jun 13, 2013
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Jun 13, 2013
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Jun 12, 2013
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May 29, 2013
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Jun 6, 2013
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May 30, 2013
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May 29, 2013
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May 22, 2013
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May 22, 2013
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May 21, 2013
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May 20, 2013
|Story| Los Angeles Times
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