Bank of America News

Bank of America News.

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  Treasury Orders Executive Pay Cut

  By Darragh Worland | Fri Oct 23, 2009 12:07 AM ET

  where financial execs make their most money. Citigroup, for example, despite a dismal year, is paying $5.3 billion in bonuses to its employees and Bank of America will dole out $3.3 billion in bonuses, according to the AP.Of course, some corporations are handling the imposed pa Read More

  More like this in: Money, Recession, The Associated Press, General Motors, Corporations, Bailout, Goldman Sachs, Chrysler, Bonuses
• The Recession in Rhyme

  By Chaniga Vorasarun | Sat Oct 17, 2009 3:16 PM ET

  of living adjustment this year. What’s more: He’s not even taking the easy way out with rhyming couplets. Radke goes all out, mixing news of Bank of America in an alternating rhyme scheme.Don't believe us? Hear for yourself in the Marketplace Minute 10/16/09 from Marketplace on Vimeo Read More

  More like this in: Reuters, Business, Entertainment, Good Ideas, Economy, Employment
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  2009 National Arts Awards Announced

  By Katherine Gustafson | Wed Oct 7, 2009 3:13 PM ET

  Shakespeare Theater Company. The Corporate Citizenship in the Arts Award went to Anne Finucane, global chief strategy and marketing officer with the Bank of America.Americans for the Arts describes itself as "the nation's leading nonprofit organization for advancing the arts in America." Havin Read More

  More like this in: Robert Redford, Philanthropy, Americans for the Arts, Humanities, Social Responsibility, Life & Style, Events, Culture
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  How Many Zeros Is That?

  By Chaniga Vorasarun | Fri Sep 25, 2009 10:30 PM ET

  man has translated his aggravation into a real number. And from the looks of the figure, he was really mad.Reuters reportsthat Dalton Chiscolm wants Bank of America to deposit "1,784 billion, trillion dollars" into his account because he says he received "inconsistent information" from a custome Read More

  More like this in: Reuters, Denny Chin, Business, Personal Finance
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  Chase and BofA Help With Lower Overdraft Fees

  By John Casey | Thu Sep 24, 2009 2:00 PM ET

  their accounts today," according to Charlie Scharf, head of retail financial services at J.P. Morgan Chase, in a company news release.Similarly, Bank of America Corp. took the axe to some of its fees, in an effort, so the bank claims, to "help customers avoid excessive overdraft fess an Read More

  More like this in: Banking Industry, J.P. Morgan, Business, Social Responsibility, Good Ideas
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  The Smartest Girls In The Room

  By Chaniga Vorasarun | Mon Sep 14, 2009 11:53 PM ET

  financial collapse, too.Barnard College president Debora Spar tells NPR that if women had headed up banks like Lehman Brothers, Merrill Lynch and Bank of America -- all key actors in the market meltdown last fall – they might have saved us from disaster. Why? Women are more risk-averse tha Read More

  More like this in: Economy, Women, Cambridge University, Testosterone, Lehman Brothers, Business, Economy
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  Swap Sandwiches to Feed America

  By Marc Hertz | Fri Aug 21, 2009 9:00 AM ET

  at his concert in Niceville, Fla. Feeding America has been getting a lot of love this summer on Tonic, be it from Macy's, Microsoft, Snickers or Bank of America, so it's nice to see Hellmann's and Best Foods throw their hat into the ring as well. The program, which started Wednesday, run Read More

  More like this in: Microsoft, Feeding America, Facebook, eBay, Feeding America, Macy's, Snickers, Billy Ray Cyrus
• The $23 Quadrillion Glitch

  By Chaniga Vorasarun | Thu Jul 16, 2009 3:01 PM ET

  we might expect the bank to quickly correct the error. Instead, the New Hampshire man ended up spending two hours on the phone with his bank, Bank of America, trying to sort out the glitch. The bank fixed the problem the next day but said Visa could answer questions. Visa passed the buc Read More

  More like this in: New Hampshire, Gross Domestic Product, Banking Industry, Business
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  Every Hit Helps Hunger

  By Marc Hertz | Thu Jul 9, 2009 10:34 AM ET

  players to compete against one another in the 80th Midsummer Classic. This year, those All-Stars will have an additional incentive to get hits. The Bank of America Charitable Foundation will give $5,000 to Feeding America for every base hit.The foundation recently gave a $1 million donation t Read More

  More like this in: Feeding America, Major League Baseball, United States, Baseball, Feeding America, Food Banks, All-Star Game
• Is it possible to make money and make the world a better place?

  By Intent dot com | Tue May 26, 2009 4:34 PM ET

  ethics and governance, environment and its impact on “green Washington,” among other factors, and took $20 billion less in government money than Bank of America, which scored next-to-last in the ranking. Okay, they took a bailout, but they’re still doing the right thing with it, lik Read More

  More like this in: Business, Economy, Eco-Friendly, Los Angeles, Washington, Carbon Footprint, Activism, Daily Green, Community Development, Eco-Conscious, Networking