Tags » Bank Of America

The Little Bank that Could and the 1906 San Francisco Earthquake

It’s like something out of It’s a Wonderful Life. A small bank provides a place for small depositors and borrowers to do business in a city dominated by big banks that serve only the wealthy. 484 more words

American History

Four years later, Dodd-Frank fails to turn banks into pet shops

This week marked another anniversary for Dodd-Frank, the banking reform law that was passed in the wake of the financial crisis.

And it wasn’t even a big one. 827 more words

Finance

Vying for a View of Bryant Park: Bank of America vs Bank of China

One of my favorite office towers in the City is One Bryant Park, also known as the Bank of America Tower. The 2.35 million square foot tower stands at 55 stories on the northwest corner of Sixth Avenue and West 42nd Street overlooking Bryant Park. 406 more words

Architecture

Bank Of America To Pay $16.6M To Settle Allegations Of Processing Drug Traffickers' Transactions

Processing transactions for drug traffickers is a big no-no, which is why Bank of America has agreed to pay $16.6 million to resolve federal allegations that it was involved in moving money around for ten traffickers over the course of four years.

Shooting At Bank of America In Seattle's Central District

SEATTLE (AP) — Seattle police say a security guard and a man have been wounded at a shooting outside a bank Thursday morning.

The fire department reported a man in his 30’s was taken to the hospital with life threatening injuries. 93 more words

News

An NBA Franchise Bubble?

Excellent reporting from ESPN.com’s Ramona Shelburne gives us new numbers on the sale of the Los Angeles Clippers. Currently former/current owner Donald Sterling is contesting his wife’s sale of the team to former Microsoft CEO Steve Ballmer for $2 billion, saying that the team is legally his by right and he is being defrauded. 525 more words

Economics

Two Long Island Couples Arrested For Allegedly Short Selling Property to Catholic School

NEW YORK (CBSNewYork) — Two Long Island couples have been arrested on bank fraud and conspiracy charges after allegedly short selling a foreclosure property to a Hempstead Catholic school, WCBS 880’s Irene Cornell reported. 196 more words

News