Bank of America.

PositionCHARLOTTE

CHARLOTTE -- Bank of America postponed a dividend increase and stock buyback because of an accounting error that overstated capital by $4 billion. The mistake, which was uncovered by bank employees, stems from the 2009 acquisition of New...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT