Is This Probe a Problem for Bank of America?

By Matt Koppenheffer and David Hanson – Jan 28, 2014 at 7:00AM

NYSE: BAC

Bank of America

Market Cap

$298B

Today's Change

(-1.07%) -$0.41

Current Price

$37.91

Price as of April 25, 2024, 4:00 p.m. ET

Bank of America may be in the weeds again

Bank of America (BAC -1.07%) and a former trader are reportedly being investigated for front-running trades. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss whether this is a Bank of America problem or an employee problem.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.