Tag: Broker/Dealer

It’s a No-Go for BofA Settlement with SEC

U.S. District Judge Jed Rakoff rejected a settlement between the Securities and Exchange Commission (SEC) and Bank of America (BofA) over bonuses paid by Merrill Lynch, the Associated Press reported.

BofA Fires Back at Cuomo

Bank of America Corp. (BofA) said New York Attorney General Andrew Cuomo wrongfully claimed that the bank is blocking information, according to news reports.

NYAG Back to Hounding BofA

New York Attorney General Andrew Cuomo’s office is again requesting information from Bank of America (BofA) as part of an ongoing investigation into its January 1 acquisition of Merrill Lynch.

Allegiant to Merge with PNC Capital Advisors

The PNC Financial Services Group, Inc., has announced its intention to merge Allegiant Asset Management Company with its affiliate, PNC Capital Advisors, Inc., on or about September 29, to form PNC Capital Advisors, LLC.