BofA securities arm hit with $5M fine for OTC options reporting failures
Between January 2009 and October 2020, BofAS failed to report OTC options positions to the LOPR in more than 7.4 million instances.
Between January 2009 and October 2020, BofAS failed to report OTC options positions to the LOPR in more than 7.4 million instances.
Major banks face another complaint accusing them of collusion to manipulate the London InterBank Offered Rate (LIBOR).
Bank of America reported net income from its Global Markets segment of $1.0 billion, up
$110 million from the year-ago period.
From January 2014 through February 2022, BofA Securities published inaccurate data in 107 monthly reports.
Bank of America announces a set of appointments to its Global FX and Emerging Markets Macro Trading team.
HSBC, Barclays, JPMorgan Chase, NatWest Markets, UBS, BofA, and Citi push for summary judgment in their favor.
Merrill Lynch maintained a system designed to restrict a customer’s purchase of Class C shares when lower cost Class A shares were available.
Bank of America reported net income decrease of $459 million to $1.6 billion for the first quarter of 2022.
Bank of America (BofA) announced the launch of ACH Positive Pay on its award-winning CashPro App.
Launched in conjunction with Banked Ltd., this new feature allows customers of e-commerce companies to pay directly from their bank account.