Bank of America Corp (BAC.N)
23 Mar 2018
Fri, Mar 23 2018
NEW YORK Bank of America Corp will pay a $42 million fine and admitted wrongdoing to settle claims by New York's attorney general that it fraudulently routed clients' stock trades to outside firms, including one run by swindler Bernard Madoff.
NEW YORK, March 23 Bank of America Corp will pay a $42 million fine and admitted wrongdoing to settle claims by New York's attorney general that it fraudulently routed clients' stock trades to outside firms, including one run by swindler Bernard Madoff.
March 23 Bank of America Corp will pay a record $42 million penalty to New York state to settle an investigation into fraudulent practices related to its electronic trading division.
LONDON Rupert Murdoch's Twenty-First Century Fox has changed the group of banks lined up to help finance its proposed takeover of European pay-TV company Sky, replacing Bank of America with Citibank.
BRIEF-Bank Of America Says Customers Can Now Add Multiple Payment Cards To Their PayPal Account Directly From App
* BANK OF AMERICA - CUSTOMERS CAN NOW ADD MULTIPLE CREDIT AND DEBIT CARDS TO THEIR PAYPAL ACCOUNT DIRECTLY FROM BANK’S MOBILE BANKING APP Source text: http://bit.ly/2DF0AuY Further company coverage:
NEW YORK, March 16 Alex Wilmot-Sitwell, president of Bank of America Merrill Lynch's Europe, Middle East and Africa region, is leaving the bank, according to an internal memo seen by Reuters on Friday.
LONDON Appetite for equities came back with a vengeance this week, driving record inflows as concerns around trade dissipated and billions more were plowed into tech stocks, Bank of America Merrill-Lynch strategists said on Friday.
March 15 Bank of America Corp has promoted two veteran investment bankers to be co-heads of U.S. mergers and acquisitions, Kevin Brunner and Ivan Farman, according to a memo seen by Reuters.
* BANK OF AMERICA - CREDIT CARD DELINQUENCY RATE 1.72 PERCENT AT FEBRUARY END VERSUS 1.70 PERCENT AT JANUARY END - SEC FILING
NEW YORK A measure of stress in U.S. dollar funding is expected to intensify into the end of first quarter due to a rising supply of Treasury bills and maturing short-term bank debt, Bank of America Merrill Lynch analysts said on Tuesday.