June 23 is a big day for Bank of America Corp. (NYSE:BAC) — the day the Charlotte-based bank and its peers receive the results of this year’s stress test from the Federal Reserve. Bank of America has poured resources into the stress test after fumbling through the process in the past. Last year, Charlotte-based BofA received a “conditional passing,” on its stress test and had to resubmit its plan by the end of September. After receiving the imperfect score last year, the bank said it would…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/blog/bank_notes/2016/06/a-big-day-for-bofa-results-of-this-year-s-stress.html?ana=RSS%26s=article_search
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