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USA, Bank Of America Timeline Tuesday, April 24 Bookmark and Share     Author
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Bank of America cancels debit fee
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US bank to pay $12bn settlement
US government sues Bank of America

year 2013 Top ^

Aug.6   Washington
  The US government filed two lawsuits against Bank of America relating to fraud on $850m of mortgage-backed securities
Jan.7   North Carolina
  Bank of America has agreed to pay US government mortgage agency Fannie Mae $3.6bn to settle claims relating to residential home loans

year 2011 Top ^

Nov.2   USA  
  Bank of America has cancelled plans to charge consumers a $5 monthly fee for making debit card purchases, citing customer feedback
Aug.25   USA Buffett buys into Bank of America
  Warren Buffett's company Berkshire Hathaway has announced it is investing $5bn in Bank of America, sending BoA shares up by 25%

year 2010 Top ^

Dec.18   USA     Bank of America cuts off Wikileaks
  Bank of America has stopped handling payments for whistle-blowing website, joining several other major financial institutions

year 2009 Top ^

Aug.3   USA   Bonus fine for Bank of America
  Bank of America has agreed to pay a $33m fine to settle charges that it misled investors about bonuses when it acquired Merrill Lynch in January

year 2008 Top ^

Dec.11   USA Bank of America cuts 30,000 jobs
  Bank plans to cut between 30,000 and 35,000 jobs over 3 years following the completion of its takeover of Merrill Lynch

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