Bank of America recently issued a footnoted warning in a regulatory filing about $11.5 billion of additional collateral payments on derivatives it faces because of rating agency downgrades. At the end ...
HOUSTON--(BUSINESS WIRE)--An independent Texas oil and gas producer is striking back against a group of insurance companies, which collectively are seeking $250 million in collateral beyond what the ...
Bank of America warned that another one-notch downgrade would force it to post an extra $5.1 billion of collateral, followed by $1.5 billion more for the next incremental downgrade. Providing $11.5 ...
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