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Polymer Capital Management Adds New Stake in Bank of America

Bank of America logoBank of America
Sig2.15Sen-0.65Env0.00Soc0.00Gov-1.35

Polymer Capital Management HK LTD bought 126,344 shares of Bank of America in the 2nd quarter, worth about $7.2 million. Other investors also added positions. Bank of America posted $1.21 earnings per share and revenue up 19.6% year over year, but SEC subpoenas involving major prime brokers, including Bank of America, add regulatory overhang.

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