Updated Monday, July 28, 2014 as of 8:35 PM ET
- Bank Channel
BofA Seen Asking Fed for Dividends Over Buybacks After Gaffe
by: Hugh Son
Tuesday, April 29, 2014
Partner Insights

(Bloomberg) -- Bank of America Chief Executive Officer Brian T. Moynihan won permission last month for the firmís first dividend increase since the financial crisis. Now heís under pressure to salvage the payout after the company mistakenly inflated capital levels by about $4 billion.

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