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Wednesday, July 16, 2014

Takeover Digest- New York Times business news - July 16, (NYSE: BAC)

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. * General Motors Co's response to the car crash that killed Gene Erickson, as well as its replies to queries in other crashes obtained by The New York Times from the National Highway Traffic Safety Administration, casts doubt on how forthright the automaker was with regulators over a defective ignition switch that GM has linked to at least 13 deaths over the last decade.(* As part of its effort to improve working conditions for its youngest employees in its global corporate and investment banking unit, Bank of America Corp has hired more junior bankers, the latest sign of a shifting corporate culture on Wall Street. The incoming class of full-time analysts and associates, who start work later this month, will be almost 40 percent larger than last year's class. (

Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Shares of BAC traded higher by 1.54% or $0.24/share to $15.81. In the past year, the shares have traded as low as $13.60 and as high as $18.03. On average, 74385296 shares of BAC exchange hands on a given day and today's volume is recorded at 100196216.