Banking

September 10, 2008 12:00 AM

BofA agrees to buy back $4.5 billion in securities

Bank of America Corp. has agreed to a nationwide settlement in which it will buy back about $4.5 billion in troubled auction-rate securities from investors who have been unable to access their money, Massachusetts Secretary of the Commonwealth William Galvin announced today.

Related content

Suggested for you

Comments

Videos

Editor's Choice Videos