Bid To Break Up Bank Of America Clears SEC Hurdle

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

Bid To Break Up Bank Of America Clears SEC Hurdle

The Securities and Exchange Commission is giving the go-ahead to a shareholder proposal that seeks to break up the mighty Bank of America. Bartlett Naylor, the financial policy adviser for the consumer-rights advocacy group Public Citizen who filed the proposal, said it could be a matter “of galactic proportions for the bank.” The nonbinding referendum is…

Latest News

Stocks

Here’s Why IBM Stock is on the Move

Dave Kovaleski2 days

IBM stock was up some 6% Thursday after a solid Q2 earnings report Big Blue was in the black on Thursday as IBM (NYSE:IBM) stock rose more than 6% after...