BofA (BAC) Falls Below $5
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Bank of America (NYSE: BAC) has fallen below the psychologically important $5 level. Shares last traded at $4.99.
Earlier there were reports that the Federal Reserve would back the higher capital level requirements coming from Basel. BofA may be subject to a extra 2% capital buffer, according to preliminary estimates.
Earlier there were reports that the Federal Reserve would back the higher capital level requirements coming from Basel. BofA may be subject to a extra 2% capital buffer, according to preliminary estimates.
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