Bank of America

Thanks to Obama and Trump, America’s Five Largest Banks Raked in $583 Billion Since 2008 Crash

“With no jail time for executives and half a trillion in post-crisis profits, the big banks have made out like bandits during the post-crash period.” (CD) — The 2008 financial meltdown inflicted devastating financial and psychological damage upon millions of ordinary Americans, but a new report released by Public Citizen on Tuesday shows the Wall Street banks that caused the crash with […]

Bank of America Froze US-Born Family’s Bank Account After Demanding Citizenship

An American-born Kansas family had their bank account frozen after Bank of America demanded to know their citizenship status, reports the Kansas City Star.
Josh Collins of Roeland Park, Kansas ignored a letter from the bank asking a variety of personal questions, including whether he was an American citizen or holds dual citizenship with another country.

Bank of America Admits Cryptocurrencies Threaten Its Business Model

(ANTIMEDIA)  — The world’s major banking institutions, however begrudgingly, may be starting to change their tune on the legitimacy of cryptocurrencies. Though not surprising, this shift is rooted in the most selfish of reasons — survival. Last week, in an annual report filed with the U.S. Securities and Exchange Commission, Bank of America acknowledged that the growing acceptance of digital assets […]