![]() Patent and Trademark Office regularly deals with Bank of America as a patent applicant. With a new CEO in place as of 2010, the corporation has been trying to reduce financial lossesincurred by its many acquisitions during the global financial crisis.įor the first time in IPWatchdog’s Companies We Follow series, we’re taking a look at this major player in the financial markets to get a glimpse at what developments we may see in banking, both in this country and worldwide. However, many of these sales occurred before Bank of America acquired Countryside in 2008. District Court of Manhattan to fine the corporation $864 million for bad mortgage loans sold by Countryside, a subsidiary, to Freddie Mac and Fannie Mae in the leadup to the 2008 financial crisis. In early November, a motion was filed in the U.S. One the nation’s largest banks, Bank of America has come under some recent fire with federal prosecutors lately. ![]() ![]() The Bank of America Corporation, headquartered in Charlotte, NC, is a financial services and banking institution that operates in all 50 states across America. ![]()
0 Comments
Leave a Reply. |