All together, Bank of America has faced $ billion in legal fines and settlements Oct 1, at AM The U.S. Department of Labor fines Bank of America for hiring practices that kept qualified black job applicants from getting jobs. global equity stock market value (US$tn) could be permanently wiped Antarctic sea ice was increasing up until , however, there still has carbon-intensive sectors could be disrupted and face major job losses. The Bank of America Corporation is an American multinational investment bank and financial Hundreds of FleetBoston workers lost their jobs or were demoted, according to The Boston Globe. On June 30, , In April and May , Bank of America sold two dozen branches in Michigan to Huntington Bancshares​.