HALISTER: BofA Said to Be in Talks to Settle With SEC for $400m-$450m: WSJ

BofA Said to Be in Talks to Settle With SEC for $400m-$450m: WSJ

(Bloomberg) -- Bank of America in talks to settle with U.S. regulators to settle allegations that it violated rules designed to safeguard client accounts, WSJ reports, citing unidentified people familiar.
  • Settlement may be announced as soon as Thursday
  • SEC had been investigating if co. had used complicated trades, loans to free up billions of cash for its own uses that it would usually have set aside for regulatory requirements
  • SEC, BofA declined to comment to WSJ
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BAC US (Bank of America Corp)

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UUID: 7947283

HALISTER: VW’s Second-Biggest Owner Declines to Back Winterkorn, Diess

VW’s Second-Biggest Owner Declines to Back Winterkorn, Diess

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
VOW GR (Volkswagen AG)
PAH3 GR (Porsche Automobil Holding SE)

People
Herbert Diess (Volkswagen AG)
Martin Winterkorn (Italdesign Giugiaro SpA)
Alexander Scholl (Deka Investment GmbH)
Hans Poetsch (Porsche Automobil Holding SE)
Hans-Christoph Hirt (Hermes Equity Ownership Services Ltd)

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UUID: 7947283

HALISTER: Sprint Gains as Arora’s SoftBank Exit Seen Brightening Outlook

Sprint Gains as Arora’s SoftBank Exit Seen Brightening Outlook

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
9984 JP (SoftBank Group Corp)
S US (Sprint Corp)
T US (AT&T Inc)

People
Nikesh Arora (SoftBank Group Corp)
Amy Yong (Macquarie Group Ltd)
Masayoshi Son (SoftBank Group Corp)

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UUID: 7947283

HALISTER: Anthem Faces Showdown With Antitrust Cops in Bid to Win Cigna

Anthem Faces Showdown With Antitrust Cops in Bid to Win Cigna

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
ANTM US (Anthem Inc)
CI US (Cigna Corp)

People
David Cordani (Cigna Corp)
Elizabeth Warren (United States Senate)
Richard Blumenthal (United States Senate)

Topics
Bloomberg Politics

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UUID: 7947283

HALISTER1: U.S. Defends Venezuelan Sanctions While Caracas Talks Continue

U.S. Defends Venezuelan Sanctions While Caracas Talks Continue

Alert: HALISTER1
Source: BN (Bloomberg News)

People
Barack Obama (United States of America)
Nicolas Maduro Moros (Bolivarian Republic of Venezuela)
Hugo Chavez Frias (Bolivarian Republic of Venezuela)
John Kerry (United States Department of State)
Jose Zapatero ((ESP)Socialist Workers Party)

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UUID: 7947283