Bank of America Corporation today announced a comprehensive settlement with MBIA Inc. to resolve all outstanding representations and warranties claims and all other claims between the parties. The agreement requires certain approvals of the New York State Department of Financial Services, which are expected to be received shortly, at which point the parties will execute the agreements and promptly close all contemplated transactions described more...

Bank of America Corporation today reported net income of $2.6 billion, or $0.20 per diluted share, for the first quarter of 2013, compared to $653 million, or $0.03 per diluted share, in the first quarter of 2012. Revenue, net of interest expense, on a fully taxable-equivalent (FTE)^C basis rose 5 percent to $23.7 billion from $22.5 billion a year ago.

Bank of America Corporation announced today that it has submitted redemption notices for its 8.20% Non-Cumulative Preferred Stock, Series H (the Series H Preferred Stock), and the corresponding depositary shares representing fractional interests in the Series H Preferred Stock (the Series H Depositary Shares), and its 8.625% Non-Cumulative Preferred Stock, Series 8 (the Series 8 Preferred Stock), and the corresponding depositary shares more...

Bank of America Corporation today announced the Board of Directors authorized a regular quarterly dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on April 30, 2013 to shareholders of record as of April 1, 2013.

Bank of America today made available the results of the 2013 Dodd-Frank Act Annual Stress Test on the Bank of America Investor Relations website at http://investor.bankofamerica.com.

Bank of America Corporation has announced that all pre-conditions necessary to allow principal closing of the sale of its International Wealth Management business based outside the United States have been met. As a result, ownership of Merrill Lynch Bank (Suisse) has today transferred to Julius Baer Group. Further transfers will occur in due course.

The Bank of America Corporation Board of Directors today appointed Arnold Donald, a former chairman and chief executive officer of Merisant Co., and Lionel L. Nowell III, a former treasurer of PepsiCo Inc., as new directors. The appointments are effective immediately.

“The board welcomes the extensive expertise and judgment Arnold and Lionel bring,” said Charles O. Holliday, chairman of the Bank of America board. “We look forward to more...

“At a time of continuing economic uncertainty, nine out of 10 global decision-makers now believe greater collaboration between business, government and other sectors is essential if the world’s economy is to recover.”

This was the main finding of a recent study by PSB, as part of research Bank of America is conducting to better understand customers and clients.

Bank of America today announced agreements with the Federal National Mortgage Association (Fannie Mae) to resolve outstanding and potential repurchase and certain other claims relating to the origination, sale and delivery of substantially all residential mortgage loans originated and sold directly to Fannie Mae from January 1, 2000 through December 31, 2008 by entities related to Countrywide Financial Corporation (legacy Countrywide) and Bank of America, National Association (BANA).

Bank of America Corporation today announced the Board of Directors authorized a regular quarterly dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on January 30, 2013 to shareholders of record as of January 1, 2013.

Bank of America

Bank of America Corporation announced today, in connection with its pending offer to purchase for cash (the “Tender Offer”) any and all of the outstanding 5.70% Senior Notes due 2034 (CUSIP No. 55262CAJ9) issued by MBIA Inc., a Connecticut corporation, that it has waived all conditions to the Tender Offer, except for the General Conditions [as defined in the Offer to Purchase dated November 13, 2012 (the "Offer to Purchase")].

Bank of America Chief Executive Officer Brian Moynihan will present at the Goldman Sachs Financial Services Conference on Tuesday, December 4, 2012 at 9:30 a.m. Eastern Time in New York.