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BofA tells court Ambac cannot prove $2.7 billion mortgage case
Reuters via Yahoo Finance· 2 years ago(Reuters) -Bond insurer Ambac Financial Group Inc cannot prove its $2.7 billion case against Bank of...
Bank of America to pay Ambac $1.84 billion to settle crisis-era mortgage case
Reuters via Yahoo Finance· 2 years ago(Reuters) -Bank of America agreed to pay bond insurer Ambac Financial Group $1.84 billion, the bank...
Canadian Imperial (CM) Asked to Pay $848 Million to Cerberus
Zacks via Yahoo Finance· 1 year agoCanadian Imperial Bank of Commerce CM has been ordered to pay $848 million in damages to Cerberus...
Ambac's $2.7 bln mortgage case against Bank of America heads to trial
Reuters via Yahoo Finance· 2 years agoThe trial in Ambac Financial Group Inc's $2.7 billion case against Bank of America is expected to begin in New York state court on Wednesday, 12 years after the bond insurer sued over troubled ...
Factbox-Warren Buffett's investments in financial firms
Reuters via Yahoo Finance· 1 year agoNEW YORK (Reuters) - Berkshire Hathaway's Warren Buffett has been in discussions with senior Biden...
Unions Cut US Income Inequality, Treasury Department Says
Sourcing Journal via Yahoo News· 9 months agoAs a countrywide unionization movement sweeps its way across various industries in 2023, the U.S....
Bank of America announces zero down payment mortgages for Black and Latino homebuyers
NBC Universal via AOL· 2 years agoBank of America said it is now offering first-time homebuyers in a select group of cities zero down...
Wall Street eyes risks outside the banking system after SVB collapse: Morning Brief
Yahoo Finance· 1 year agoThis article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox...
What's happening in Sudan? Country on brink of civil war as armed forces and paramilitary group...
Yahoo News· 1 year agoProtesters in Khartoum, Sudan, on April 6. (Mahmoud Hjaj/Anadolu Agency via Getty Images) Anadolu...
SVB's newfangled failure fits a century-old pattern of bank runs, with a social media twist
The Conversation via Yahoo News· 1 year agoThousands of banks failed in the Great Depression. Bettmann via Getty ImagesThe failure of Silicon...