In local news: Bloomberg reported this morning that a European regulator has fined Bank of America Corp.'s Merrill Lynch roughly $45.5 million for failing to report two years’ worth of exchange-traded derivatives transactions. The fine imposed by the U.K.'s Financial Conduct Authority makes Charlotte-based BofA (NYSE: BAC) the first bank there to pay a penalty on that type of trades under the European Markets Infrastructure Regulation. A spokeswoman for BofA told the news service the company notified…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/10/23/cbj-morning-buzz-bofa-unit-fined-45m-sealed-air.html?ana=RSS%26s=article_search
No comments:
Post a Comment