Dawn Kopecki
Bankers’ complaint of uncertainty obscures reluctant disclosure
NEW YORK - While bankers complain that regulatory uncertainty is hurting growth, their failure to provide balance-sheet transparency is creating uncertainty for the taxpayers...
BofA said to keep bankruptcy as option for countrywide unit
NEW YORK - Bank of America Corp., the lender burdened by its Countrywide Financial Corp. takeover, would consider putting the unit into bankruptcy if...
Moynihan opts to ‘rip off Band-Aid’ from BofA loan wound
NEW YORK - Bank of America Corp. is settling for a bigger loss on defective mortgages than CEO Brian T. Moynihan had forecast in...
BofA targeted as states step up pressure in foreclosure probe
NEW YORK - Bank of America Corp. faces increased pressure from two attorneys general to change its mortgage-servicing and foreclosure practices as states said...
Biggest banks beating estimates can’t hide 13% drop in revenue
NEW YORK - The biggest percentage drop in quarterly revenue in three years, driven by lower lending and reduced fees, is damping investor appetite...
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