Bank of America

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Bank of America

Erin Piacenti
MIDTOWN MURDER

Banking Leader Fatally Stabbed in Times Square Knife Attack

Police have described the fatal attack as “random and unprovoked.”

Lauren Hartley

A picture of people withdrawing money from Bank of America ATMs. Bank of America has been ordered to pay $250 million in penalties and restitution from the Consumer Financial Protection Bureau over wrongful fees, among other consumer harms.
‘DOUBLE-DIPPED’

Bank of America Forced to Shell Out $250M Over Wrongful Fees

The Consumer Financial Protection Bureau said the bank “wrongfully withheld credit card rewards, double-dipped on fees, and opened accounts without consent.”

Isabella Ramirez

Traders work on the floor of the New York Stock Exchange.
BLOODBATH

4 Largest U.S. Banks Drop $52B of Market Value in One Day

“This is the first sign there might be some kind of crack in the financial system,” one industry veteran said.

Brett Bachman

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HEY, BIG SPENDERS

Wealthy Americans Continue Borrowing Amid Economic Turmoil

The wealth-management units at Morgan Stanley and Bank of America charted double-digit growth in the year's second quarter.

Alice Tecotzky

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BANKING WHILE BLACK

‘Black Panther’ Director: I Was Arrested While Banking

Being a famous director of a Marvel franchise didn’t keep Ryan Coogler from having police called on him by a bank teller who somehow believed he was robbing the place.

Brooke Leigh Howard

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ICE COLD

Wall Street Profited While Texans Shivered in the Dark

Bank of America made hundreds of millions in trading revenue when the Lone Star state’s electric grid failed in February.

Tarpley Hitt

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FINCEN FILES

Report: Deutsche Bank Execs Knew of $10B Scandal in 2015

The bank pinned the blame on its Moscow office.

Patricia Kelly Yeo

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BIG MONEY TROUBLES

U.K. Regulator Planning to Probe Big American Banks

Goldman Sachs, Morgan Stanley, Bank of America, Merrill Lynch and Scotiabank are among those banks facing an investigative probe over reporting data in the U.K.

Barbie Latza Nadeau

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PAPER TRAIL

Banks Share Docs on Russians Possibly Tied to Trump: WSJ

Congressional investigators are looking for any evidence of Russian money flowing into the Trump Organization.

Audrey McNamara

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ABANDON SHIP

Bank of America Cuts Ties With Detention Industry

The move comes one day after company officials reportedly visited Homestead detention center in Florida.

Julia Arciga

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DIGGING AROUND

House Subpoenas Deutsche Bank for Info on Trump's Finances

The subpoenas also reportedly seek records related “suspected money launderers from Russia and other Eastern European countries.”

Julia Arciga

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