Relevant:
- Fed Stress Tests Clear 31 of 33 Big U.S. Banks to Boost Returns to Investors; Deutsche, Santander Flunk
- Banks Are Falling Short in Planning for the Worst, Fed Says
- Bank of America $2.4 Billion Settlement Approved by Judge
- BofA and Citi in last push on stress tests
- Bank of America tumbles on nationalization worries
2014-04-28 — cnn.com
``The Federal Reserve required BofA on Monday to ditch its plans to return cash to shareholders after the bank said it incorrectly reported capital ratios in recent stress tests. The second largest U.S. bank by assets said the error was caused by an "incorrect adjustment" related to the treatment of certain structured notes assumed when it acquired Merrill Lynch in 2009.''
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