Summary
BofA will create deeper reserves
Bank of America Corp. said Thursday that it will raise more money than the government said it needed in order to withstand the recession.See the full content of this document
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Nation
Upon the completion of a debt exchange, the Charlotte, N.C.- based bank will have raised $38 billion. That is $4.1 billion more than the $33.9 billion the Federal Reserve said last month the bank neede...
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