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Thursday, March 12, 2015

Takeover Digest- New York Times business news - March 12, (NYQ: 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. * All the large United States banks passed an annual regulatory test that aims to assess whether they can make it through a financial and economic calamity, the Federal Reserve said on Wednesday. But Bank of America Corp passed only provisionally and could still fail later this year if it does not fix deficiencies that the Fed identified. (nyti.ms/1MtiXAt)* Federal officials released a survey of potentially dangerous guardrails on Wednesday and said that they found no evidence that the guardrails had been quietly changed to make them safer after accusations that earlier changes had made them less safe. (nyti.ms/1Mv0c1t)

Bank of America Corporation (Bank of America) is a bank holding company and a financial holding company. Shares of BAC traded higher by 2.03% or $0.32/share to $16.11. In the past year, the shares have traded as low as $14.37 and as high as $18.21. On average, 96020600 shares of BAC exchange hands on a given day and today's volume is recorded at 85910140.



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