We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bank of America Corporation | NYSE:BAC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.15 | 0.39% | 38.43 | 38.78 | 38.325 | 38.48 | 27,345,161 | 23:01:02 |
From May 2019 to May 2024
By Christina Rexrode
Bank of America Corp. continues to cut its exposure to Russia amid increasing political tension in the region.
The bank said in a regulatory filing late Tuesday that its net exposure to Russia stood at $3.94 billion, down more than 40% from $6.72 billion at the end of December and down from $5.21 billion at the end of March.
The bank repeated language it used in a regulatory filing in early May, citing geopolitical tension caused by "Russian intervention in Ukraine." The U.S. and the European Union adopted broad economic sanctions against Russia on Tuesday, including against its banks and oil industry.
Bank of America said its exposure to Russia is concentrated in oil and gas companies and commercial banks. It said its exposure to Ukraine is "minimal."
At the start of the year, Russia was No. 11 on the bank's list of foreign countries as measured by exposure. It has now dropped to No. 17.
Write to Christina Rexrode at christina.rexrode@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Bank of America Chart |
1 Month Bank of America Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
