As part of the investigation into allegations of improper conduct in its Asian investment banking business, Bank of America has placed two bankers in India on administrative leave. According to the Financial Times of the United Kingdom, the internal investigation aims to determine whether the bankers of the bank and its Asian business have disclosed upcoming secondary offerings to certain investors, allowing these investors to 'front-run' the stock issuance and profit from non-public information.
英国金融时报美国银行对两名涉亚洲股票发行的银行家停职
The Financial Times of the United Kingdom reported that Bank of America has suspended two bankers involved in the issuance of Asian stocks.
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