Bank Of America's Mortgage Business 'struggling Mightily,' Ceo Says

CHARLOTTE, North Carolina (Joe Rauch) - Bank of America Corp (BAC.N) is working to improve profits by reducing its number of problem mortgages and cutting other costs, Chief Executive Brian Moynihan told shareholders on Wednesday.Moynihan, speaking at the company's annual meeting in downtown Charlotte, said the mortgage business of the largest U.S.

Sections:  news   business   
RELATED ARTICLES

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News