Bank of America news from FierceFinance

We noted recently that Bank of America’s market share of residential mortgage originations had slipped, which helped Wells Fargo make some huge gains and overtake the top spot. Now comes word

We noted recently that Bank of America seems to be shrinking its footprint in the national mortgage market. If you take into account correspondent lending, which the bank has exited, the numbers

One good thing about corporate crises--and for Bank of America it’s been one long corporate crisis as of late--is that they can create opportunities for employees. In a dynamic environment,

Bank of America suffered some bad PR recently after reports it had altered the terms of some credit lines to small businesses. Bank of America asked some small business customers to pay off their

It’s no secret that the severe revenue losses from debit card interchange fee reform have left banks in search of fee offsets. That need intensified just recently, when it became clear that big

Bank of America has hit upon an interesting idea: In these tough times, why not pay a portion of cash bonuses in stock. For bonuses above $100,000, cash bonuses to be paid immediately will in reality

It’s lonely at the top of Bank of America. While CEO Brian Moynihan’s future at the bank has sparked lots of chatter, the jobs of the two co-chief operating officers, David Darnell and

At various points during the financial crisis and subsequent fallout, we have wondered if legal obligations would make it harder for certain CEOs to concentrate on doing their jobs. When the personal

It was big news when Bank of America launched its Project New BAC initiative last year -- a plan to significantly cut costs to survive in this new era of banking. The initial focus was retail and

In the latter half of 2011, the idea that Bank of America would push its disastrous Countrywide unit into bankruptcy court gained popularity. At various points, it seemed quite possible. Indeed, as