BofA accused by whistleblower of sharing nonpublic information

The bank’s own policy mandates a cooling-off period of two-to-four weeks if bankers speak for any reason to investors that might participate in the deal.

According to new reports, Bank of America (BofA) is investigating allegations that bankers in Asia shared nonpublic information with investors before the bank sold hundreds of millions of dollars’ worth of stock.

The whistleblower complaint alleged that bankers shared transaction details with investors before a stock sale in India was

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