Charlotte-based Bank of America and five other lenders had deficient policies and procedures and failed to detect and address improper actions by their traders in the foreign-exchange markets, the Federal Reserve said Wednesday.
Charlotte-based Bank of America and five other lenders had deficient policies and procedures and failed to detect and address improper actions by their traders in the foreign-exchange markets, the Federal Reserve said Wednesday. Mark Lennihan AP
Charlotte-based Bank of America and five other lenders had deficient policies and procedures and failed to detect and address improper actions by their traders in the foreign-exchange markets, the Federal Reserve said Wednesday. Mark Lennihan AP

Bank of America fined $205M for foreign-exchange practices

May 20, 2015 10:30 AM

UPDATED May 25, 2015 09:07 AM

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