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Bank of America Corp shares fell nearly 8 percent to their lowest level since March 2009 as investors worried that a slowing domestic economy and European debt woes would batter it and other banks.

When Bank of America announced last week that it would begin charging a $5 monthly fee to customers using their debit cards at retail locations, it understandably caused a fair amount of complaining from consumers, a fact that was noted across the board by various media sources Friday. But it also inspired a wave of anger against banks in general.

Occupy Boston has been gaining ground since Friday and is starting to impact other communities to protest just as Occupy Wall Street has impacted them.

Stock index futures pointed to a weaker open on Wall Street on Monday after steep declines in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.6-0.9 percent.

More than three years after the financial crisis struck, the U.S. economy remains stuck in a consumer debt trap.

Starting in early 2012, Bank of America will charge a $5 monthly fee for debit card usage. The fees will be assessed on a month-to-month basis, will not include ATM cash withdrawals and will not affect premium customer accounts.

The $5 Bank of America debit card fee has sparked rage that hasn't been seen since the height of the financial crisis in 2008 and 2009.

The 24 people arrested, comprising 15 women and nine men, spent several hours in a jail in South Boston, but are unlikely to face any serious charges.

The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.

This past quarter was miserable for bullish U.S. stock investors. The bad news is, things may get worse before they get better.

The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.

Bank of America will begin charging a $5 monthly fee at the start of next year for customers who make debit card purchases.

Help could be on the way for the protestors, as New York City labor unions and community groups have thrown their support behind Occupy Wall Street and pledged to join in a massive rally on Wednesday, Oct. 5.

Their goal was this: 'Move in' and Occupy Wall Street for a little bit, flood lower Manhattan with peaceful protestors and fill it with bedding and kitchens and demonstration signs. Their motive was to show that 'We the 99% are fed up with the greed and corruption of the 1%.

Bank of America (NYSE: BAC) would now charge a $5 monthly fee for debit card usage as Dodd-Frank Act's Durbin amendment would become effective Oct. 1.

Gold rose more than 1 percent on Friday but was on track for its biggest quarterly gain this year as concerns that the euro zone debt crisis was far from resolved weighed on stock markets and the euro, lifting interest in bullion as an alternative.

The largest U.S. banks, eager to get legal protection after widespread evidence emerged of foreclosure shortcuts, are trying to convince California to be part of a multi-state mortgage settlement and not pursue its own aggressive deal.

Bank of America will charge debit-card users $5 a month in response to new federal regulations that could cost the company up to $2 billion in annual revenue, it announced on Thursday.

With more than $140 billion worth of claimholders now supporting its proposed bankruptcy exit plan, Lehman Brothers Holdings Inc's prospects for getting the plan approved by the end of the year are brightening.

Bank of America Corp. plans to impose a $5 monthly fee starting early next year on customers who make purchases on their debit cards.

Financial stocks are particularly buoyant -- Morgan Stanley (NYSE: MS) is up 5.2 percent.

Lehman Brothers Holdings Inc unveiled the latest in a string of settlements with major financial creditors, reaching deals with Bank of America Corp and Merrill Lynch that will reduce the banks' claims against Lehman by a combined $7.5 billion.

Bank of America (BAC.N) Merrill Lynch has recruited three former Wells Fargo advisers and one former Morgan Stanley Smith Barney adviser to join its California, Connecticut and Wyoming offices, the firm said late on Monday.

Citigroup Inc plans to fine-tune its business as economic growth shows signs of slowing, Chief Executive Vikram Pandit said in an interview with Dow Jones, signaling that the bank is considering cost cuts.

Others have pondered that perhaps Warren Buffett – who's now 81 years old – is simply preparing for his exit and planning to bequeath his legendary company’s management to younger warriors.

Last week, the California legislature sent the governor a bill that would ban most employers from running credit checks on job applicants. If the governor signs the bill into law (which this web site tells us he’s likely to), California will become the biggest get yet for those pushing for such laws around the nation. Is this just what a country full of unemployed people with wrecked credit needs? Or is it, as HR managers have been hollering, a way of hindering them from finding good, upstandin...

While Euro officials did not reveal specific details about the Eurozone rescue plan, any apparent news about the continent’s debt woes seem to heavily impact equity markets.

Shares of Berkshire Hathaway jumped 6.5 percent to $106,500 after Warren Buffett’s conglomerate announced its first-ever share buyback.

Solar panel installer SolarCity said on Friday it was the second company in as many days that will not get finalization of U.S. government loan aid by a September 30 deadline.