Bank of America is one of the largest fully integrated financial services companies in the world.

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JPMorgan veteran in 'shock' at M&A fees

Sunset in Tokyo, Japan

Therese Esperdy, a 17-year JPMorgan veteran, suffered what she called 'initial shock' in her first few weeks in Asia after three people told her some clients don’t want to pay merger-advisory fees.

BofA and UBS reach new swaps settlement with Detroit

Detroit Sky Line Leocap Sxc Hu

Hoping the third time's the charm, the bankrupt city of Detroit says it has reached a tentative, $85 million deal to settle so-called "swaps" contracts with UBS and Bank of America Merrill Lynch, after previous agreements were deemed too expensive.

BofA does Buffett deal, discloses new probes

Warren Buffett

Bank of America, the bank that turned to Warren Buffett in 2011 for a capital injection, reached a deal with the billionaire’s company to change terms so the investment is treated more favorably by regulators.


Bank Of America Corner Signs

Bank of America trades investigated

Bank of America’s handling of futures trades has been investigated by the U.S. Department of Justice and the Commodity Futures Trading Commission, according to a regulatory filing in June.

Bank Of America Corner Signs

BofA's Ken Lewis agrees to three-year ban

Former Bank of America Chairman Kenneth Lewis agreed to a three-year ban on serving as a public company’s officer or director and to pay $10m to settle claims by New York’s attorney general that he misled investors about the bank’s 2009 purchase of Merrill Lynch.