Fraud lawsuit rocks Bank of America

The market value of Bank of America Merrill Lynch's Global Broad Market Index has increased $132.4 billion since the end of July to $42.1 trillion, the most in data going back to 1996. The index, containing more than 19000 bonds sold by governments,

Over the past three years, Bank of America's stock has fallen 80 percent to $6.51 from $32.25. The KBW Bank Index has fallen 46 percent, to $36.99 from $68.31. According to SNL Financial, there are only six other days in Bank of America's history where

Among major Massachusetts employers, Bank of America was the biggest loser as 20 percent of its stock value evaporated in the meltdown — partly due to the deb.

Bank of America Corp. (ticker: BAC) tumbled $1.66, or 20.3 percent, to $6.51 after insurer AIG sued the bank over mortgage-backed securities, saying it was cheated and seeking to recover more than $10 billion. Verizon Communications ( VZ) fell $1.93,

Among major Massachusetts employers, Bank of America was the biggest loser as 20 percent of its stock value evaporated in the meltdown — partly due to the debt crisis and recession fears, but mostly because it was slapped with a $10 billion lawsuit by

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Bank of America Loses Bid to Dismiss Fraud Claims

Bank of America Corp. is facing a new lawsuit organized by a group of shareholders of credit massive Countrywide Financial Corp., which the bank bought in 2008. The group of investors, which comprise BlackRock funds, T. Rowe Price Group Inc.,

When looking to compare mortgage interest rates today many homeowners will seek fixed Bank of America and Chase FHA or VA home loans. While Bank of America and JP Morgan Chase are two of the largest financial institutions in the country it is important

Bank of America and two former executives lost a bid on Friday to dismiss securities fraud claims alleging they misled investors about the bank's 2008

By Darla Mercado Searching for a “transformational business model,” Bank of America Merrill Lynch private banking vets Paul A. Pagnato and David W. Karp have joined HighTower Advisors LLC. The pair, who do business as the Pagnato-Karp Group joined

Bank of America and two former executives lost a bid on Friday to dismiss securities fraud claims alleging they misled investors about the bank's 2008 acquisition of Merrill Lynch & Co. US District Court Judge P. Kevin Castel ruled that plaintiffs

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