Bank of America is one of the largest fully integrated financial services companies in the world.

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FINRA fines Merrill Lynch $6m

Wall Street Bull

The Financial Industry Regulatory Authority (FINRA) has announced that it has censured and fined Merrill Lynch Professional Clearing (Merrill Lynch PRO) $3.5m for violating Regulation SHO, an SEC rule that established a regulatory framework to govern short sales and prevent abusive naked short selling.

Two ex-Barclays brokers must return $6.6m in signing bonuses

No Pot Of Gold

Two brokers at a Beverly Hills office of Bank of America's Merrill Lynch must collectively return more than $6.6m in signing bonuses to Barclays Capital for leaving the firm's U.S. broker unit after working only three-and-a-half months, a regulatory panel has ruled.

Senior rainmaker's exit causes stir at Bank of America

Bank Of America Building

Fares Noujaim, an executive vice chairman at Bank of America and investment banker who represented corporations like Pfizer , GM , and Verizon , has left abruptly, sparking questions about his relationship with the bank, according to people familiar with the matter.

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