Navigate this market better. Subscribe for FREE stock alerts and information.

Sunday, January 27, 2013

Market Chatter-Corporate finance press digest, (NYSE: BAC)

The following corporate finance-related stories were reported by media on Monday: * Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the offshore foreign exchange market, according to a source with knowledge of the inquiries.* Bank of America has begun moving $50 billion of derivatives out of its Irish-based operations into its British subsidiary, The Financial Times reported.

Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Shares of BAC traded higher by 0.78% or $0.09/share to $11.62. In the past year, the shares have traded as low as $6.72 and as high as $12.20. On average, 164331008 shares of BAC exchange hands on a given day and today's volume is recorded at 100175576.