Bank of America was given approval from the Federal Reserve on Wednesday to return more capital to shareholders. But the regulator also told the bank it must address “deficiencies” and “weaknesses” in its capital planning process.
Bank of America was given approval from the Federal Reserve on Wednesday to return more capital to shareholders. But the regulator also told the bank it must address “deficiencies” and “weaknesses” in its capital planning process. Mark Lennihan AP
Bank of America was given approval from the Federal Reserve on Wednesday to return more capital to shareholders. But the regulator also told the bank it must address “deficiencies” and “weaknesses” in its capital planning process. Mark Lennihan AP
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Bank Watch

News and notes on Charlotte's banks and the financial industry

What others say about BofA ‘deficiencies’ in Fed report

March 12, 2015 7:45 AM

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