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Bank of America (BAC) shares pop 3% in minutes as the lender is shutting its proprietary trading...

Bank of America (BAC) shares pop 3% in minutes as the lender is shutting its proprietary trading arm and a rumor stringent capital charges on banks may be eased. Other financial shares follow suit.
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Comments (2)
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    I don't know, cnbs was talking Basel rules, about 30 mins ago. Doesn't look like it's holding up too well.
    10 Jun 2011, 02:28 PM Reply Like
  • Reconsidering
    , contributor
    Comments (47) | Send Message
     
    Not sure if this is a material change for BAC
    10 Jun 2011, 02:53 PM Reply Like
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