Salem Radio Network News Wednesday, September 28, 2022

Business

German regulator fines Bank of America $5.3 million for reporting delays

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.

Bank of America declined to comment.

($1 = 0.9666 euros)

(Reporting by Tom Sims and Marta Orosz; Editing by Kirsten Donovan and Jane Merriman)

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