As if the SEC and various state attorneys general weren’t causing enough of a headache at Bank of America (BAC), the FBI and DOJ are on the case too.
Charlotte Observer: The FBI in Charlotte and the U.S. Justice Department are among the multitude of agencies investigating Bank of America Corp.’s acquisition of Merrill Lynch & Co., a knowledgeable source told the Observer.
The criminal investigation has been underway for about six months, the source said. The probe means an additional layer of scrutiny for the Charlotte-based bank, which bought Merrill on Jan. 1.
Business Insider Emails & Alerts
Site highlights each day to your inbox.