Bank of America to reduce collateralized debt obligations

Discussion in 'Stocks' started by ASusilovic, Jan 15, 2008.

  1. ASusilovic

    ASusilovic

    Bank of America to sell its equity prime brokerage business

    Bank of America to cut 650 investment banking, markets jobs
     
    #1     Jan 15, 2008
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  2. nazzdack

    nazzdack

    They got it backwards. They should keep the "prime" brokerage and get rid of the subprime unit. Wait a minute, they're buying CFC so they can maintain their exposure. Okay :cool:
     
    #2     Jan 16, 2008
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