CHARLOTTE, North Carolina (Reuters) - Bank of America Corp plans to spin off its last large private equity fund, with more than $5 billion in assets, and has no plans to make new private equity investments, a company spokesman said on Tuesday.
Reuters: Top News, Reuters
Wed, 04/20/2011 - 12:23am
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp plans to spin off its last large private equity fund, with more than $5 billion in assets, and has no plans to make new private equity investments, a company spokesman said on Tuesday.