May 16, 2011 Comments Off on Wells Fargo rebrands remaining Wachovia banks
CHARLOTTE, N.C. — Wells Fargo & Co. said Monday it plans to complete the rebranding of all remaining Wachovia banks and facilities by the middle of October. Wachovia sites in Virginia will be rebranded to Wells Fargo in August. Properties ...
Tagged with: atm Banks charlotte maryland north carolina wachovia washington wells fargo
Read More »April 15, 2011 Comments Off on Bank of America misses estimates as income falls 39 percent
NEW YORK — Bank of America Corp.’s first-quarter income fell 39 percent on higher costs related to its mortgage business and higher litigation expenses. The bank also settled a claim over faulty mortgage investments and set aside less money to ...
Tagged with: Bank of America bank of america corp Banks charlotte earnings factset first quarter income litigation north carolina revenue
Read More »January 25, 2011 Comments Off on Falling home prices are battering previously safe cities
A second wave of falling home prices is battering some cities that had escaped the worst of the housing market bust. Prices in Seattle, Charlotte, N.C., and Portland, Ore., have hit their lowest points since peaking in 2006 and 2007. ...
Tagged with: american charlotte cities Foreclosures home prices homes housing housing market market portland seattle Unemployment
Read More »January 3, 2011 Comments Off on Bank of America to take $2B charge to settle home loan claims
NEW YORK — Bank of America Corp. reached a $2.8 billion settlement with Fannie Mae and Freddie Mac over claims that one of its businesses sold bad mortgages. The payment is far lower than analysts expected and removes some uncertainty ...
Tagged with: america bank Bank of America Banks charlotte claim fannie mae freddie mac home loans
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