Bank of America Corporation Wants Europe IPO Changes

Bank of America Corporation Wants Europe IPO Changes : Bank of America Corporation (NYSE:BAC), the biggest US lender by assets, has proposed new guidelines to improve the listing process and to restore trust of IPOs in Europe.

The bank said that these guidelines will help to make transparency in the market.

Craig Coben, Bank of America Corporation (NYSE:BAC)’s head of equity capital markets, said, “There has been a lot of disappointment … We are suggesting that all of us involved in IPOs have to do their part to contribute to improving the process. Distrust has seeped into the process … we need to move beyond finger-pointing and find ways to make the process better”.

Bank of America Corp. (NYSE:BAC) stocks are currently standing at 10.21.

Bank of America Corporation stock Price History
Last Price: 10.21
52 Week Low / High: 10.2 / 15.72
50 Day Moving Average: 11.32
6 Month Price Change %: -28.1%
12 Month Price Change %: -31.5%