BAC Dec 2024 45.000 put
- PR Newswire
Bank of America Corporation Announces Fallback Rate (CORRA) as Substitute Base Rate for Certain Outstanding Debt Securities Linked to the Canadian dollar Bankers' Acceptance Rate (CDOR) After June 28, 2024
Bank of America Corporation ("BAC") (NYSE: BAC) has issued and outstanding certain floating or fixed-to-floating rate debt securities, listed in Annexes 1, 2 and 3 to this press release for which the Canadian dollar Bankers' Acceptance Rate ("CDOR"), which is also known as the Canadian Dollar Offered Rate, for an index maturity of three months ("Three-Month CDOR") serves as the base rate used or to be used in calculating or determining applicable interest payments (the "CDOR Securities"). On May
- Yahoo Finance
Regulators find weakness in 'living wills' from BofA, Citi, Goldman, and JPM
Regulators found weaknesses in "living wills" submitted by four of the country’s largest banks detailing how the lenders would wind themselves down if something catastrophic were to happen.
- Bloomberg
Fed Faults Living Wills of BofA, Citi, Goldman and JPMorgan
(Bloomberg) -- Four of the biggest banks on Wall Street must improve their blueprints for a hypothetical wind-down after top US regulators found weaknesses in their plans.Most Read from BloombergRussia Is Storing Up a Crime Wave When Its War on Ukraine EndsCDK Hackers Want Millions in Ransom to End Car Dealership OutageNvidia Sales Grow So Fast That Wall Street Can’t Keep UpDubai Real Estate’s Resilience May Signal End of Boom-Bust CycleGlobal Investors Turn Cautious on Once Favorite Japanese St
