Bank of America
Bank of America pays USD$16.65 billion fine for selling toxic financial products
| Dan Weisman | | Aug 21, 2014 02:40 PM EDT |
Following the most extensive federal probe into Wall Street misconduct leading to the 2008 financial debacle, Attorney General Eric Holder on Aug. 21, 2014 announced Bank of America has agreed to pay a record USD$16.65 billion fine for selling toxic financial products.
Bank of America, Department of Justice Reach Biggest Settlement in US History
| Patricia Villaceran | | Aug 07, 2014 07:02 AM EDT |
The Bank of America and the Department of Justice finally agreed to settle after lowballing offers for months.
Bank of America Ordered to Pay $1.3 Billion for Countrywide Fraud
| Ren Benavidez | | Jul 31, 2014 04:33 AM EDT |
The Bank of America was ordered to pay US$1.3 billion by a federal judge on Wednesday for taking part in selling risky mortgages to government-sponsored enterprises, Fannie Mae and Freddie Mac.
JD.com Raises $1.78 Billion In IPO
| Acsilyn Miyazaki | | May 22, 2014 03:33 PM EDT |
Beijing-based online retailer JD.com has raised $1.78 billion after its US initial public offering.
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