Bank of America and other large U.S.-based bank holding companies learned Wednesday whether the Federal Reserve would approve their plans to return additional capital to shareholders.
Bank of America and other large U.S.-based bank holding companies learned Wednesday whether the Federal Reserve would approve their plans to return additional capital to shareholders. SPENCER PLATT GETTY
Bank of America and other large U.S.-based bank holding companies learned Wednesday whether the Federal Reserve would approve their plans to return additional capital to shareholders. SPENCER PLATT GETTY

Bank of America gets OK to repurchase stock but must address ‘deficiencies’

March 11, 2015 04:30 PM