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CNNMoney: Credit unions hit a record number of membersupdated: Thu Mar 01 2012 12:26:00

Credit unions hit a record number of members last year, as a growing number of consumers grew fed up with the fees at the nation's biggest banks and took their money elsewhere.

CNNMoney: Bank of America to freeze pension plansupdated: Thu Feb 23 2012 19:30:00

Bank of America announced plans Thursday to freeze pension plans, effective in July, and increase its 401(k) contributions instead.

CNNMoney: Big banks' bloated mortgage tabupdated: Thu Feb 09 2012 17:15:00

Not to be outdone by the U.S. attorneys general, four other federal agencies were quick to lay claim to $2.2 billion of the massive mortgage settlement reached Thursday with five of the nation's biggest mortgage lenders.

CNNMoney: Bank of America shares spike on earningsupdated: Thu Jan 19 2012 13:11:00

Bank of America reported a fourth-quarter net income of $2 billion, reversing a year-earlier loss, and revenue that topped expectations.

CNNMoney: Foreclosure nightmares: 3 families fight for their homesupdated: Wed Jan 18 2012 05:41:00

With more than 200,000 households receiving foreclosure notices each month, there are bound to be a few mistakes. But for some unlucky homeowners, these blunders carry some serious consequences.

CNNMoney: Banks start 2012 with a bang. Why?updated: Tue Jan 03 2012 13:18:00

Big bank stocks ushered in the New Year by doing something they rarely did in 2011 ... leading the market higher.

CNNMoney: Dow's biggest losers and winnersupdated: Fri Dec 30 2011 17:32:00

When investors look at the change in McDonald's share price last year, they can think only one thing: "I'm lovin' it."

CNNMoney: BofA settles unfair lending claims for $335 millionupdated: Wed Dec 21 2011 16:58:00

The Justice Department announced a $335 million settlement with Bank of America Wednesday over discriminatory lending practice at Countrywide Financial.

CNNMoney: Bank of America stock closes below $5updated: Mon Dec 19 2011 16:18:00

Bank of America's shares closed below $5 per share Monday, their lowest level since the worst of the financial crisis in March 2009.

CNNMoney: Fitch downgrades world's largest banksupdated: Fri Dec 16 2011 07:35:00

The ratings firm Fitch downgraded a cluster of the world's largest banks Thursday, pointing to trading challenges facing international markets.

CNNMoney: S&P downgrades 15 banksupdated: Wed Nov 30 2011 10:01:00

Standard and Poor's downgraded the credit ratings of 15 banks Tuesday, after applying new criteria to the world's 37 largest banks.

CNNMoney: Bank of America stock nearing $5 danger zoneupdated: Tue Nov 29 2011 18:40:00

Another trading day and another low for Bank of America's stock.

CNNMoney: Bank of America stock near 2-year lowupdated: Mon Nov 28 2011 10:17:00

It's time for Bank of America to start wrestling with some existential questions.

CNNMoney: A week of Wall Street layoffsupdated: Fri Nov 18 2011 08:43:00

As protesters find new ways to "Occupy Wall Street", major financial firms have been busy handing out pink slips this week.

CNNMoney: Big banks are dead moneyupdated: Wed Nov 16 2011 13:03:00

Superstar investors may be scrambling to buy up shares of beaten down bank stocks. But should you?

CNNMoney: John Paulson bets more on Bank of Americaupdated: Tue Nov 15 2011 14:35:00

John Paulson was once deemed one of the world's best investors, and Bank of America was the largest bank in the United States.

CNNMoney: 40,000 join credit unions in bank-dumping protestupdated: Tue Nov 08 2011 17:10:00

More than 40,000 people joined credit unions during the "Move Your Money" and "Bank Transfer Day" movements this past Saturday, continuing the exodus of customers fed up with big banks.

CNNMoney: Bank dumping: Do the megabanks even care?updated: Mon Nov 07 2011 17:00:00

Credit unions and small banks say they've seen big jumps in new account openings thanks to this weekend's "Move Your Money" and "Bank Transfer Day" initiatives, but do the big banks even care?

CNNMoney: Bank dumping days beginupdated: Fri Nov 04 2011 15:10:00

Customers are dumping their banks in droves ahead of the nationwide "Move Your Money" and "Bank Transfer Day" movements this Saturday.

Victory over debit fee is a sign of consumer powerupdated: Fri Nov 04 2011 08:45:00

This week marked a watershed event in the transfer of power from large companies to everyday people.

Petitioner helped get BOA to drop $5 feeupdated: Fri Nov 04 2011 08:45:00

Former Bank of America customer Molly Katchpole on how her petition helped influence the bank's decision to drop a $5 fee.

CNNMoney: Bank of America axes $5 debit card feeupdated: Tue Nov 01 2011 15:08:00

Bank of America said Tuesday it's axing its plan to charge a $5 fee for customers who use their debit cards to make purchases.

CNNMoney: Bank of America may soften $5 debit card feeupdated: Fri Oct 28 2011 20:09:00

Bank of America is considering softening its controversial policy of charging some customers for making purchases with their debit cards, according to a person familiar with the bank's plans.

CNNMoney: Debit card fees: Some banks say noupdated: Fri Oct 28 2011 19:29:00

Many big banks are lining up to assure customers they won't impose the debit card fees that have sparked a backlash against Bank of America.

CNNMoney: Bank of America: No longer No. 1updated: Tue Oct 18 2011 13:39:00

A leaner Bank of America can no longer claim the title as the United States' largest bank by total assets.

CNNMoney: Bank of America explains website outageupdated: Thu Oct 06 2011 13:12:00

After six days of problems, Bank of America finally offered an explanation as to why its website has been sporadically unavailable to customers.

CNNMoney: BofA chief: We have a 'right to make a profit'updated: Wed Oct 05 2011 18:31:00

Bank of America's CEO defended his bank's new $5 fee on debit cards on Wednesday, saying that customers and shareholders understand the bank has a "right to make a profit."

CNNMoney: Bank of America website troubles last into sixth dayupdated: Wed Oct 05 2011 16:00:00

Bank of America's website woes continued into their sixth day on Wednesday, with customers complaining that they are still sporadically unable to log into their accounts online.

CNNMoney: Bank of America may get the last laughupdated: Fri Sep 30 2011 13:25:00

In the immediate aftermath of Bank of America's new debit card fee announcement, many of the bank's customers have declared this is the last straw.

CNNMoney: Did big banks leave TARP too soon?updated: Fri Sep 30 2011 05:35:00

Regulators were under pressure to cut the biggest banks loose from the Wall Street bailout program, a federal watchdog said in a report issued Friday.

CNNMoney: Bank of America to charge $5 monthly debit card feeupdated: Thu Sep 29 2011 15:51:00

Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases.

CNNMoney: U.S. agency chided in mortgage buyback dealupdated: Tue Sep 27 2011 10:50:00

The federal government's mortgage finance regulatory agency did a poor job of making sure taxpayers got top dollar in selling $2.87 billion in bad mortgages back to Bank of America last year, an inspector general's report said Tuesday.

CNNMoney: Banks: Not too big to flailupdated: Thu Sep 22 2011 13:43:00

Halloween is still more than a month away. But if you're looking for an idea for a costume that will really scare the daylights out of trick-or-treaters, just wear a T-shirt with BAC on it. Or C. Or WFC. Or GS.

CNNMoney: Moody's cuts ratings on 3 banksupdated: Wed Sep 21 2011 15:57:00

Moody's has declared the era of "too big to fail" over.

CNNMoney: More layoffs looming on Wall Streetupdated: Tue Sep 13 2011 07:53:00

Wall Street should brace for an autumn of upward revisions among the big banks. Not for profits or revenue, but in the number of layoffs to come.

CNNMoney: Bank of America cutting 30,000 jobsupdated: Mon Sep 12 2011 14:07:00

Bank of America said Monday that it plans to eliminate 30,000 jobs as part of a plan to save $5 billion.

CNNMoney: Bank of America and Europe keep investors on edgeupdated: Mon Sep 12 2011 13:42:00

Investors are fixated Monday on Bank of America's job-cut plan and on Europe's debt woes, particularly as the Old Continent's crisis becomes more challenging by the day.

CNNMoney: Bank of America's shakeup signals more layoffsupdated: Thu Sep 08 2011 15:28:00

Don't expect Bank of America to be America's neighborhood bank for long.

CNNMoney: Stocks surge after three-day routupdated: Wed Sep 07 2011 18:45:00

Stocks rallied right out of the gate and picked up steam through the day to end sharply higher Wednesday. The gains came as concerns over Europe's debt crisis eased and investors geared up for President Obama's highly anticipated jobs speech Thursday evening.

CNNMoney: Bank of America shakes up its executive suiteupdated: Tue Sep 06 2011 20:04:00

Bank of America is reshaping its management team, and two big Wall Street names are out.

CNNMoney: Government goes after financial firms over mortgage lossesupdated: Sat Sep 03 2011 12:32:00

The federal agency overseeing Fannie Mae and Freddie Mac filed lawsuits Friday against 17 financial institutions, in an attempt to recover billions of dollars in losses from risky mortgage investments.

CNNMoney: Banks take it on the chin ... againupdated: Fri Sep 02 2011 18:55:00

Bank stocks sank Friday amid reports that federal housing authorities were planning to sue several financial firms for allegedly misrepresenting the value of mortgage-backed securities. And indeed, after the market closed the government agency that oversees Fannie Mae and Freddie Mac filed suit against 17 big financial institutions.

CNNMoney: Feds to sue a dozen-plus banks over mortgagesupdated: Fri Sep 02 2011 10:20:00

More than a dozen banks are expected to face lawsuits from a federal housing agency accusing them of misrepresenting the value of mortgage-backed securities.

Money Magazine: Bank accounts: Get a fair shake, not a shake-downupdated: Wed Aug 31 2011 05:37:00

Got a partner who's constantly changing the rules, takes an eternity to reach on the phone, and lately just isn't paying you much interest?

CNNMoney: Bank of America still not out of the woodsupdated: Tue Aug 30 2011 17:28:00

Even with Warren Buffett in its corner, Bank of America's fight to get past the mortgage bust is far from over.

CNNMoney: Banks and insurers grab investors' attentionupdated: Mon Aug 29 2011 13:02:00

Bank of America's continued efforts to recapitalize have been able to calm investors' minds in the last few days.

CNNMoney: Stocks end in red after 3-day advanceupdated: Thu Aug 25 2011 16:32:00

U.S. stocks ended sharply lower Thursday, as investors hit the brakes following a 3-day advance, and as nervousness about Europe's debt crisis returned to the spotlight.

CNNMoney: Has Warren Buffett just called the bank bottom?updated: Thu Aug 25 2011 14:40:00

Bank of America CEO Brian Moynihan has a new BFF. His name is Warren Buffett. Heard of him? Shares of the bewitched, bothered and bewildered bank were up 9% in early afternoon trading Thursday after Buffett's Berkshire Hathaway announced it was investing $5 billion in preferred shares of Bank of America.

CNNMoney: Buffett bets $5 billion on Bank of Americaupdated: Thu Aug 25 2011 14:13:00

Bank of America finally caught a break.

CNNMoney: BofA stock spikes as Apple shares coolupdated: Thu Aug 25 2011 12:17:00

When was the last time you made a billion dollars in five minutes? Warren Buffett just did.

CNNMoney: Stocks: Winning 3 for 3updated: Wed Aug 24 2011 16:37:00

Stocks kept the positive momentum going Wednesday, finishing higher for a third straight session as investors cheered a rise in durable goods orders.

CNNMoney: The zombie banks are backupdated: Wed Aug 24 2011 05:34:00

I don't come to praise the big banks. But I am not here to bury them either -- even though several of the larger banks are looking suspiciously zombie-like again.

CNNMoney: Bank stocks get hammeredupdated: Tue Aug 23 2011 14:30:00

Shares of the biggest U.S. banks fell to fresh 52-week lows Tuesday following talk this week that Bank of America may need to recapitalize.

CNNMoney: UBS to cut 3,500 jobsupdated: Tue Aug 23 2011 07:48:00

Swiss bank UBS said Tuesday that it is reducing its staff by 3,500 jobs, including some reductions in the United States, through a mixture of layoffs and "natural attrition."

CNNMoney: Bank of America's stock takes a beating ... againupdated: Mon Aug 22 2011 16:53:00

Bank of America shares fell within spitting distance of a new 52-week low Monday, fueled by investors' nervousness over the bank's balance sheet and its continued exposure to mortgage-related losses.

CNNMoney: Bank of America to cut 3,500 jobsupdated: Fri Aug 19 2011 09:59:00

Bank of America is cutting 3,500 jobs, on top of thousands of job cuts that have already occurred this year, the company said Friday.

CNNMoney: What's in your wallet? The only good bank stockupdated: Wed Aug 17 2011 13:10:00

Give those credit card-loving Vikings a raise!

CNNMoney: Worst not over for banks. But it's not 2008updated: Wed Aug 10 2011 05:53:00

Bank of America and other big financials are getting tarred and feathered by investors lately. And despite a rebound Tuesday, it may not get that much better anytime soon.

CNNMoney: Bank of America stock plunges 20%updated: Mon Aug 08 2011 16:38:00

Bank of America shares plunged 20% Monday, fueled in part by a steep selloff in the broader market and news that insurer American International Group is suing it for billions of dollars over alleged mortgage securities fraud.

CNNMoney: Bank of America in single-digit stock clubupdated: Wed Jul 20 2011 14:05:00

It is a company that faces enormous legal risks. Critics claim the CEO is not the right man for the job. Its stock price has tanked.

CNNMoney: BofA stock slips 3% on settlement deal hurdleupdated: Wed Jul 06 2011 14:47:00

Bank of America shares tumbled nearly 3% Wednesday after a small group of bond investors rejected the deal struck last week with larger investors who were also burned by fraudulent mortgage securities.

CNNMoney: Bank stocks still look like biggest losersupdated: Wed Jun 29 2011 15:38:00

Bank of America's $8.5 billion settlement with angry investors in soured mortgage securities helped spark a rally in BofA and the rest of the banking sector Wednesday.

CNNMoney: Bank of America in $8.5 billion settlementupdated: Wed Jun 29 2011 12:23:00

In the biggest reckoning of the 2008 financial crisis, Bank of America said Wednesday it will pay $8.5 billion to investors burned by fraudulent mortgage securities.

CNNMoney: Bank of America rooftop solar project is world's biggestupdated: Thu Jun 23 2011 12:05:00

Bank of America has secured a federal loan guarantee that will allow it to finance the world's largest single effort to put solar panels on rooftops, the company said Wednesday.

CNNMoney: Bank of America to hike interest rates for late paymentsupdated: Thu Apr 28 2011 12:58:00

Bank of America customers who make late payments on their credit cards may soon see their interest rates jump.

CNNMoney: 'Big ugly' banks left out of market rallyupdated: Mon Apr 11 2011 12:39:00

So much for the notion that financial stocks need to rally in order for the entire market to head higher.

CNNMoney: Fed shoots down Bank of America dividend hikeupdated: Wed Mar 23 2011 11:28:00

Bank of America wanted to increase its dividend to shareholders in the second half of the year, but was shot down by the Federal Reserve last week, according to an SEC filing Wednesday.

CNNMoney: Debit cards: $50 spending limit coming?updated: Thu Mar 10 2011 21:34:00

Declined! Your debit card may soon be denied for purchases greater than $100 -- or even as little as $50.

CNNMoney: Banks are lowering credit card rates in response to CARD Actupdated: Wed Mar 09 2011 16:21:00

More than a million Bank of America customers saw their credit card rates decrease last month, the nation's largest credit card issuer confirmed this week. And more cuts are coming from all the big banks.

CNNMoney: Bank of America website suffers outage ... againupdated: Tue Mar 01 2011 17:32:00

Bank of America's online banking system went on the fritz for some users Tuesday, the second such incident this year.

CNNMoney: Oil prices retreat after spikeupdated: Mon Feb 28 2011 15:36:00

Oil prices eased Monday, retreating from recent highs, as investors continue to monitor the political movement in North African and the Middle East.

CNNMoney: Bank of America subpoenaed over Countrywide loansupdated: Wed Feb 16 2011 19:03:00

Bank of America was subpoenaed Wednesday over a loan program that may have given influential people sweetheart deals on their mortgages.

CNNMoney: Dow boosted by earnings, tech shares lagupdated: Fri Jan 21 2011 17:13:00

Stocks closed mixed Friday, with technology shares lagging the broader market, as investors weighed strong earnings from General Electric against a quarterly loss from Bank of America.

CNNMoney: Stocks poised for gainsupdated: Fri Jan 21 2011 08:48:00

U.S. stocks were headed for a higher open Friday, as investors continue to mull shakeups in the tech world and the latest earnings from General Electric and Bank of America.

CNNMoney: Bank of America website suffers outageupdated: Fri Jan 14 2011 15:18:00

Some Bank of America customers trying to access their online and mobile accounts were unable to get through on Friday -- an issue the bank says it is aware of and working to resolve.

CNNMoney: How to slay new checking account feesupdated: Mon Jan 10 2011 08:20:00

It's like Night of the Living Dead: Every time the feds kill off a set of fees, they come back to life -- just in slightly different forms.

CNNMoney: Stocks off to a rockin' start in 2011updated: Mon Jan 03 2011 16:46:00

The Dow closed at a fresh two-year high Monday, getting the new year off to a strong start, after manufacturing and construction data stoked optimism about the economy.

CNNMoney: Bank of America in $3 billion mortgage settlementupdated: Mon Jan 03 2011 11:42:00

Bank of America has reached a $3 billion agreement with Freddie Mac and Fannie Mae to resolve a faulty mortgage loan dispute involving Countrywide Financial Corp.

CNNMoney: Stocks poised to start year higherupdated: Mon Jan 03 2011 08:52:00

U.S. stocks were poised to kick off the new year with gains Monday, as investors returned from the holidays and awaited a key report on manufacturing. Dow Jones industrial average, S&P 500 and Nasdaq futures were higher ahead of the opening bell. Futures measure current index values against perceived future performance. Stocks ended a roller coaster year with a lackluster showing Friday, but all three major indexes logged double-digit percentage gains for the year. The Dow Jones industrial average finished 2010 up 11%, the S&P 500 climbed 13%, and the Nasdaq rose 17%.

CNNMoney: Wall Street to employees: Want a holiday party? Pay upupdated: Fri Dec 10 2010 09:54:00

The big banks are logging record profits and doling out sky-high bonuses. But celebration doesn't come free this holiday season: Some Wall Streeters must pay to attend their own holiday parties.

CNNMoney: Bank of America to resume foreclosuresupdated: Fri Dec 10 2010 08:19:00

Bank of America said Friday it was ending its hiatus on foreclosure sales, and promised to get its act together after a series of sloppy home seizures prompted the bank to back off and re-examine its process.

CNNMoney: Foreclosure freeze coming for the holidaysupdated: Fri Dec 03 2010 15:34:00

Several of the big mortgage players are playing Santa Claus again this year, saying they will not evict borrowers in default during the two weeks surrounding Christmas.

CNNMoney: Wacky Wiki won't wreck bank stocksupdated: Wed Dec 01 2010 15:49:00

There are plenty of reasons to not like bank stocks.

CNNMoney: Bank of America: No proof we're WikiLeaks' targetupdated: Wed Dec 01 2010 07:36:00

Bank of America has tersely dismissed speculation that it is the "big U.S. bank" that WikiLeaks founder Julian Assange told Forbes magazine will be the website's next target.

Bank of America rejects conjecture that it is WikiLeaks' next targetupdated: Tue Nov 30 2010 22:25:00

Bank of America tersely dismissed speculation Tuesday that it is the "big U.S. bank" that WikiLeaks founder Julian Assange told Forbes magazine will be the website's next target.

CNNMoney: Is the worst over for Bank of America?updated: Wed Nov 10 2010 13:22:00

You've probably heard Kiefer Sutherland refer to Bank of America in television commercials as the bank of opportunity. But is the beaten-down stock actually a good investing opportunity?

CNNMoney: Freezing foreclosures? What does that mean?updated: Mon Nov 01 2010 14:51:00

Halted foreclosures? Robo-signers? Shoddy paperwork?

CNNMoney: I was a robo-signerupdated: Thu Oct 28 2010 12:03:00

It only took him a second to sign each foreclosure document.

CNNMoney: We'd like to return these bad loans, pleaseupdated: Fri Oct 22 2010 17:58:00

The foreclosure document fiasco has already caused a major headache for U.S. banks -- and that headache may soon escalate into a migraine.

CNNMoney: Stocks: Worst day in two monthsupdated: Tue Oct 19 2010 16:39:00

Stocks fell sharply Tuesday, amid reports that a group of bondholders are trying to force Bank of America to repurchase bad mortgages. Investors also weighed a surprise rate hike by the Chinese government, and mixed data on the housing market and corporate results.

CNNMoney: Illinois sheriff may halt evictionsupdated: Tue Oct 19 2010 12:52:00

The sheriff of Cook County, Illinois says he will stop evicting residents from foreclosed properties unless he is assured that the foreclosures are legitimate.

CNNMoney: Bank of America reports $7.3 billion lossupdated: Tue Oct 19 2010 11:13:00

Bank of America reported a net loss of $7.3 billion in the third quarter on Tuesday, citing the recently passed financial reform law for a one-time charge in its credit and debit card unit.

CNNMoney: Foreclosures: Next shoe to drop for banks?updated: Mon Oct 18 2010 14:25:00

Bank stocks have been shellacked lately as investors worry about what impact the foreclosure scandal will have on the results for the nation's largest financial institutions.

CNNMoney: Bank of America hiring small biz bankersupdated: Fri Oct 15 2010 14:09:00

Bank of America will hire 1,000 new small business bankers by early 2012, the company announced Thursday.

CNNMoney: Bank of America halts all foreclosure salesupdated: Fri Oct 08 2010 18:51:00

Bank of America is halting foreclosure sales in all 50 states as part of a widening investigation into flaws in the process, the company announced Friday.

CNNMoney: Push to halt foreclosures gains steamupdated: Tue Oct 05 2010 18:32:00

Pressure is mounting on U.S. banks to halt more foreclosures amid widespread allegations that loan servicers failed to verify legal documents in what could be hundreds of thousands of cases.

CNNMoney: Bank of America halts foreclosures in 23 statesupdated: Fri Oct 01 2010 19:12:00

Bank of America is the latest in a string of banks to freeze home foreclosures in 23 states as it investigates whether there were flaws in its process.

CNNMoney: Big bank bloodbath fears. They're ba-ack!updated: Wed Sep 08 2010 14:51:00

Have you looked at how big bank stocks have done in the past few months? If so, you can be forgiven if you break into a cold sweat and start worrying about a repeat of the fall of 2008.

CNNMoney: Bank of America's dark cloud: Wall Street reformupdated: Mon Jul 19 2010 18:01:00

Bank of America's fears about Wall Street reform are giving the whole banking industry a case of the jitters.

CNNMoney: Poof! Week's stock gains erasedupdated: Fri Jul 16 2010 17:55:00

Stocks slumped Friday after financial firms Bank of America and Citigroup reported weaker quarterly revenue and a plunge in consumer sentiment revived concerns about the economic outlook.

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