Polymer Capital Management Adds New Stake in Bank of America
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.