Bank of America

Bank of America is one of the largest fully integrated financial services companies in the world.

LATEST

SEC charges Merrill Lynch for failure to supervise RMBS traders

Securities and Exchange Commission Building

The Securities and Exchange Commission Tuesday announced that Merrill Lynch, Pierce, Fenner & Smith Inc. will pay more than $15 million to settle charges that its employees misled customers into overpaying for Residential Mortgage Backed Securities (RMBS). Merrill Lynch agreed to repay more than $10.5 million to its customers and to pay penalties of approximately $5.2 million.

HOT LIST

Bank Of America Building

People News: Bank of America, Citi

Bank of America Merrill Lynch has hired Marcus Hiseman from Morgan Stanley as head of corporate debt capital markets for Europe, Middle East and Africa (EMEA), according to an internal memo seen by Reuters on Monday.

FEATURED