Bank of America stake grows in Basswood Capital’s SEC filing
Basswood Capital Management increased its Bank of America share position by 13.5% in the second quarter, taking holdings to 2,103,476 shares after buying 250,769 more. Legal & General Group also raised its stake. Disclosures about Bank of America’s QIAGEN holdings are noted, while a market pullback could indirectly weigh results. JPMorgan hired a senior tech dealmaker from Bank of America as its price target rose to $68.