Tagged: BAC

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Bank of America 8.5B Settlement Approved

WSJ Reporting, Judge approves $8.5 billion pact between Bank of America and Investors finding Trustee acted in “good faith”. American International Group (AIG) opposed the settlement and argued in court that the deal was...

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WSJ vs Bloomberg on Bank Profits

In two takes on bank profits, the WSJ focuses on how U.S. banks are finally emerging from the wreckage of the financial crisis and as a group JP Morgan Chase (JPM), Bank of America...

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Judge in Article 77 Case Promoted Likely to Rule Soon on Bank of America 8.5B Settlement

Reuters reports, Justice Barbara Kapnick of the New York State Supreme Court in Manhattan was appointed to the state’s Appellate Division, an intermediate appeals court, by Governor Andrew Cuomo. Justice Kapnick had been presiding over...