Donnerstag, 24. März 2011

In blow for BofA, Fed rejects its dividend plan (AP)

In this Jan. 20, 2011 photo, Bank of America's corporate headquarters is shown in Charlotte, N.C. Bank of America said Wednesday, March 23, the Federal Reserve has objected to its plan for raising its dividend in the second half of this year. (AP Photo/Chuck Burton)AP - It was one more blow for Bank of America: the Federal Reserve didn't allow nation's largest bank to increase its dividends.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20110323/ap_on_bi_ge/us_bank_of_america_dividend

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