Bofa
Bank of America's Former Energy Banking Chief Faces DOJ $8 Billion Trading Probe
- A former BofA senior dealmaker is under DOJ investigation for allegedly tipping someone off about an $8 billion energy company acquisition in 2022.
- Jason Satsky was placed on leave last year when the bank learned of the probe and was later dismissed during broader job cuts.
Thursday, 22/05/2025 | 07:09 GMT by
Damian Chmiel
Bank of America Avoids $2 Billion Hit, Pays Four Times Less in Regulatory Clash from 2017
- Bank of America must pay the FDIC $540 million for underreporting its risk exposure and underpaying deposit insurance from 2013 to 2014.
- The judge ruled the bank should have understood the post-financial crisis rules requiring consolidated reporting of counterparty risks.
Tuesday, 15/04/2025 | 06:48 GMT by
Damian Chmiel
BofA Unveils Intelligent Transaction Search on CashPro
- The new search tool is part of the broader CashPro Data Intelligence suite.
- Clients can now initiate transaction inquiries directly from the CashPro platform to validate payment statuses or details.
Monday, 15/07/2024 | 15:59 GMT by
Pedro Ferreira
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}