The Federal Reserve has ordered Bank of America to revise its plans for increasing dividends or buying back stock, saying there are gaps in its risk planning. The Fed announced the decision Wednesday as part of its “stress tests” — ...

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The final months of 2014 were more difficult for big banks than investors suspected. Bank of America and Citigroup reported disappointing results Thursday, hit by lower trading revenues and more legal expenses. That followed JPMorgan’s weaker earnings announced the day ...

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The Bank of America Charitable Foundation has awarded $227,000 in grants to 17 nonprofits in the Baltimore region, the foundation announced Wednesday. These grants will support access to housing, financial education, jobs skills training and human services. The largest grants ...

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The Bank of America Charitable Foundation has named Episcopal Housing Corp. as a 2014 Neighborhood Builder for its work in the Baltimore area, awarding Episcopal Housing $200,000 in flexible funding and offering leadership training for executives. Episcopal Housing provides real ...

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Maryland’s share of the $17 billion Bank of America settlement includes $75 million in compensation for state and local governments and their pension plans — and that’s not counting the bank’s agreement to provide consumer relief via such things as mortgage forgiveness, community reinvestment and affordable rental housing.

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Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.

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The U.S. Justice Department just got Bank of America Corp. to pay about $16 billion to settle charges of selling defective mortgages to investors.

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Veronica and Peter Nikoroken thought they had cleared up any confusion with Bank of America after a vacancy notice was mistakenly placed on their East Baltimore home in February. Bank of America did not even have a mortgage on their home, after all.

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WASHINGTON — JPMorgan Chase has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky home loans and mortgage securities that it sold them before the housing market collapsed. The Federal Housing ...

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The Dow Jones industrial average is dropping Bank of America, Hewlett-Packard and Alcoa, its three-lowest priced stocks, as part of a six-company shakeup of the most widely known barometer of the U.S. stock market. S&P Dow Jones Indices said Tuesday ...

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