Bank of America Corp. (BAC) said it wrongly classified $10.7 billion of short-term repurchase and lending transactions as sales from 2007 to 2009. BofA said the inaccuracies aren’t material, according to a letter released yesterday from the U.S. Securities and Exchange Commission – Bloomberg
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply