Bank of America Corp (NYSE:BAC) said Thursday it is taking a $400 million charge in the third quarter, as the second-largest U.S. lender braced for the end of probes into foreign exchange dealings.
In a statement, the Charlotte, North Carolina-based bank said its quarterly report on Form 10-Q will reflect the adjustment.
Bank of America: Regulators faulted systems and controls
Last month, Bank of America Corp (NYSE:BAC) unveiled its third-quarter results, posting losses of 1 cent per share on...
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