Wednesday, October 15, 2014

Bank of America posts loss on mortgage settlement

(Reuters) - Bank of America Corp reported a small quarterly loss for common shareholders on Wednesday, largely due to a $5.6 billion charge related to its record settlement with the government over shoddy mortgages that soured when the housing bubble burst.



















from Reuters: Most Read Articles http://ift.tt/1sLToFX http://www.reuters.com

No comments:

Post a Comment