BofA (NYSE:BAC) reportedly told U.S. regulators it's willing to withdraw from some parts of the country if its financial problems worsen. Sources say a potential retreat was on a list of emergency scenarios submitted by BofA execs to the Fed last year. The list also included a potential sale of a separate class of shares tied to the performance of Merrill Lynch.
BofA (NYSE:BAC) reportedly told U.S. regulators it's willing to withdraw from some parts of the...
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Bank of America Corporation |