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Three BofA lenders in India leave over claimed customer ideas, feet reports


(Reuters) – Bank of America’s co-head of financial investment financial in India and 2 various other lenders have actually left the firm amidst an examination right into misdeed claims, the Financial Times reported on Thursday, pointing out 3 individuals accustomed to the issue.

The interior examination was introduced previously this year and is inspecting wether BofA and lenders at its Asian financial investment financial arm shared nonpublic details with particular financiers in advance of upcoming second supply offerings, the record claimed.

BofA did not quickly react to a Reuters ask for remark.

(Reporting by Niket Nishant in Bengaluru; Editing by Alan Barona)



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