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Former BofA VP avoids prison in bond-rigging probe

Bank Of America Building

A former senior vice president at Bank of America who became a cooperating witness in the U.S. government's probe of bid-rigging in the $3.7tril municipal bond market avoided prison time or other punishment at his sentencing on Tuesday.

BofA and NYSE sued over high-frequency trading

Terminator

Bank of America and the New York Stock Exchange were among dozens of exchanges, brokerages and traders sued over high-frequency trading by the city of Providence, Rhode Island, over claims they rigged securities markets to divert billions of dollars from buyers and sellers of shares.

BofA's Ken Lewis agrees to three-year ban

Bank Of America Corner Signs

Former Bank of America Chairman Kenneth Lewis agreed to a three-year ban on serving as a public company’s officer or director and to pay $10m to settle claims by New York’s attorney general that he misled investors about the bank’s 2009 purchase of Merrill Lynch.

BofA CEO raises dividend

Brian Moynihan Davos 2013 Pic

Bank of America shareholders have pressed Chief Executive Officer Brian Moynihan to raise their token penny-a-share payout for more than three years. He finally delivered.

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Bank Of America Building

Former BofA VP avoids prison in bond-rigging probe

A former senior vice president at Bank of America who became a cooperating witness in the U.S. government's probe of bid-rigging in the $3.7tril municipal bond market avoided prison time or other punishment at his sentencing on Tuesday.

Terminator

BofA and NYSE sued over high-frequency trading

Bank of America and the New York Stock Exchange were among dozens of exchanges, brokerages and traders sued over high-frequency trading by the city of Providence, Rhode Island, over claims they rigged securities markets to divert billions of dollars from buyers and sellers of shares.

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