2009-06-26bloomberg.com

Bank of America Corp., the biggest U.S. bank by assets, has the second-highest rating from the Federal Reserve after a $45 billion bailout and an order to raise $34 billion more in capital, regulatory documents show.

The company has a “2” composite rating on a scale of 1 to 5, according to Fed documents labeled “restricted” that were released today by Congress.



Comments: Be the first to add a comment

add a comment | go to forum thread