A United States bankruptcy judge orders Bank of America to return $500 million it seized from the bank accounts of the defunct Lehman Brothers trading firm a few weeks before Lehman declared bankruptcy in 2008.
Barclays Plc said disputes over an $11 billion profit it allegedly made buying bankrupt Lehman Brothers Holdings Inc.’s brokerage may not all be resolved in a current trial and might need “further adjudication.”
Hurricane Harvey is projected to possibly become the second costliest hurricane in the United States's history, with estimates ranging from US$72 billion to over $125 billion. In comparison, Hurricane Katrina's total damage is estimated to be around $118 to $160 billion. 2017-09-3 (Context: US$, United States)
For $8.5 billion, ten banks settle to stop mortgage foreclosure process audits. The United States government regulators had been engaged in a loan-by-loan review of home loan practices during the Great Recession. Bank of America, Citigroup Inc, JPMorgan Chase & Co, Wells Fargo & Co, MetLife Bank, Aurora Bank FSB, PNC Financial Services Group Inc, Sovereign Bank NA, SunTrust Banks Inc, and U.S. Bancorp settle with regulators to pay out cash up to $125,000 to homeowners whose homes were being foreclosed when the paperwork problems emerged. Further, Bank of America agrees to pay $11.6 billion to government mortgage finance company Fannie Mae. 2013-01-7 (Context: Bank of America, United States)
The United States' largest bank, Bank of America, is surpassed by JPMorgan Chase in total assets, according to Bank of America's quarterly financial earnings report. 2011-10-19 (Context: Bank of America, United States)
One ticket sold in Oregon matched all the numbers in the United States Powerball Lottery which was worth U.S.$340 million. 2005-10-20 (Context: US$, United States)
The Federal Aviation Administration of the United States orders Boeing 787 jets using Rolls-Royce Trent 1000 engines to operate within one hour of an airport at all times following safety concerns with the engines worldwide which culminated in Air New Zealand and Air China grounding their fleets last week. 2018-05-5 (Context: United States)