Big Banks to Pay $46 Million to Settle Swaps Collusion Claims [Yahoo! Finance]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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Source: Yahoo! Finance
million to end a lengthy legal battle with pension plans that accused them of conspiring to block competitors in interest-rate swaps trading. Most Read from Bloomberg Supreme Court Poised to Allow Emergency Abortions in Idaho SpaceX Tender Offer Said to Value Company at Record $210 Billion Bolivia's President Arce Swears in New Army Chief After Coup Bid China's Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks Supreme Court Blocks EPA ‘Good Neighbor' Ozone Emission Rule The payments are part of a deal to settle an antitrust lawsuit brought by investors more than eight years ago, according to a document reviewed by Bloomberg. The settlement was filed Thursday in New York federal court, and plaintiffs have asked US District Judge Paul Oetken to preliminarily approve it. The banks denied violating any laws and said they sought to avoid the cost of ongoing litigation. Plaintiffs asked the judge to approve the deal. Another bank, Credit Suisse Group AG, settled claims in
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BAC
News
- Top U.S. banks hike dividends after sailing through Fed's stress test [Yahoo! Finance Canada]Yahoo! Finance Canada
- Top U.S. banks hike dividends after sailing through Fed's stress test [Yahoo! Finance]Yahoo! Finance
- Bank of America Comments on Stress Test Results; Plans to Increase Quarterly Dividend 8% to $0.26 Per Share [Yahoo! Finance]Yahoo! Finance
- Bank of America Comments on Stress Test Results; Plans to Increase Quarterly Dividend 8% to $0.26 Per SharePR Newswire
- France Leads European Stocks Lower in Shaky End to First Half [BNN Bloomberg (Canada)]BNN Bloomberg
BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 6/28/24 - Form FWP
- 6/28/24 - Form 8-K
- 6/28/24 - Form 8-K
- BAC's page on the SEC website