12:01 PM EDT, 10/04/2011 (MidnightTrader) -- Shares of Bank of America (BAC) hit yet another 52-week low after President Obama derided the bank's move to charge consumers a $5 fee to use a debit card for purchases, according to a CNBC report.
"This is exactly why we need this Consumer Finance Protection Bureau that we set up that is ready to go," President Obama said.
Tuesday, 4 October 2011
Monday, 3 October 2011
Bank of America Website Suffering Access Issues Again
--Bank of America website problems started on Friday
--Bank spokeswoman says problems not a result of hacking, attack or malware
--Spokeswoman said most customers can still access accounts
(Updates with comments from bank spokeswoman starting in fourth paragraph.)
NEW YORK (Dow Jones)-- Bank of America Corp. (BAC), the nation's biggest bank by assets, continues to suffer issues with its online banking website on Monday, a problem that has persisted since last Friday.
Some customers trying to access either the bank's homepage or their personal accounts are experiencing slowness and trouble accessing them. The problems initially started on Friday, continued to impact sporadic accounts Saturday and have come back Monday, key dates for some customers who get paid on the first of the month or owe bills.
--Bank spokeswoman says problems not a result of hacking, attack or malware
--Spokeswoman said most customers can still access accounts
(Updates with comments from bank spokeswoman starting in fourth paragraph.)
NEW YORK (Dow Jones)-- Bank of America Corp. (BAC), the nation's biggest bank by assets, continues to suffer issues with its online banking website on Monday, a problem that has persisted since last Friday.
Some customers trying to access either the bank's homepage or their personal accounts are experiencing slowness and trouble accessing them. The problems initially started on Friday, continued to impact sporadic accounts Saturday and have come back Monday, key dates for some customers who get paid on the first of the month or owe bills.
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