The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Bank of America Corp has been ordered to pay about $772 million in refunds to customers and fines to federal regulators to settle allegations that the bank used deceptive marketing and billing practices involving credit card products. (r.reuters.com/quj48v)* Bruce Karpati, a former Securities and Exchange Commission official, is joining the private equity firm Kohlberg Kravis Roberts & Company as its chief compliance officer, a person briefed on the matter said on Wednesday. (r.reuters.com/fuj48v)
Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Shares of BAC traded higher by 1.09% or $0.18/share to $16.62. In the past year, the shares have traded as low as $11.23 and as high as $18.03. On average, 110416000 shares of BAC exchange hands on a given day and today's volume is recorded at 83096416.
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