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

By:
Reuters
Updated: Aug 11, 2022, 18:06 UTC

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.

A Bank of America logo is pictured in the Manhattan borough of New York City

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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