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Bank of America faces $5 mln fine

A US regulator on Monday fined Bank of America $5 million for failing to report over-the-counter options positions approximately 7.42 million times, making it...

Banks take spotlight as earnings season heats up

NEW YORK: The financial sector, recently a weak performer in the stock market, will garner the majority of investor attention next week as a number of big banks post their quarterly results.

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