MARCH 23, 2011, 8:14 AM ET
Fed to Bank of America: No Dividend for You
Bank of America is being left in the dividend cold.
The banking giant said in a regulatory filing that the Federal Reserve rejected BofA’s proposed plan for a “modest” bump to its dividend in the second half of the year — a move BofA has been signaling to investors for months. BofA said it can “resubmit a revised comprehensive capital plan” to the Fed.
Showing posts with label BofA. Show all posts
Showing posts with label BofA. Show all posts
Wednesday, March 23, 2011
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