German regulator fines Bank of America $5.3 million for reporting delays
Germany's financial market regulator BaFin said on Thursday that it had fined Bank of America 5.1 million euros ($5.28 million) for delays in reporting voting rights notifications.
Source: www.reuters.com
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FRANKFURT (Reuters) - Germany’s financial market regulator BaFin said on Thursday that it had fined Bank of America 5.1 million euros ($5.28 million) for delays in reporting voting rights notifications.
A spokesperson for the bank wasn’t able to immediately comment on the matter.
($1 = 0.9666 euros)
Reporting by Tom Sims and Marta Orosz; Editing by Kirsten Donovan
