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Archive Home > 2008 > October > 07 > Bank of America plans to boost capital

Bank of America plans to boost capital


October 7, 2008

NEW YORK — Bank of America Corp. on Monday reported its third-quarter results earlier than planned, revealing a 68 percent profit drop and plans to boost capital by selling stock and halving its dividend. Like most other major financial institutions, Bank of America has been hit by....

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