Bank of America

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

 Page 2 

LATEST

HOT LIST

Bank of America

BofA equities unit sees shake up

Bank of America equities chief Fabrizio Gallo is shaking up leadership across his division, promoting Glenn Koh to run its trading operations globally, as at least a half-dozen other deputies take on new roles or leave.

FEATURED

Securities and Exchange Commission Building

SEC charges Merrill Lynch for failure to supervise RMBS traders

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.