Whether the courts would allow BofA to make a clean getaway from Countrywide is far from clear, however.
Meanwhile, the Securities and Exchange Commission promised to "vigorously pursue" its case against BofA for allegedly misleading shareholders about bonuses paid to Merrill Lynch executives.
While the billionaire acknowledged disappointment in the BofA holding, he also touted a pair of other financials – Wells Fargo and Capital One Financial – that he diversified into during the period.
BofA成功逃離了TARP，但有一個風險就是會促使其他銀行，比如富國銀行和花旗銀行，試圖在到期之日前脱離苦海。
In BofA, critics see a dull, if powerful, beast lumbering forward.
Paying back TARP achieves one of his long-standing goals (though the government will still hold warrants in BofA).
The bank’s big problem is litigation stemming from America’s mortgage fiasco. This risk is not unique to BofA but it is unusually severe.
The sale to BofA saved Merrill from almost-certain death.
Safran SA led defense companies higher as BofA-Merrill Lynch upgraded the shares.
A settlement between BofA and the Securities and Exchange Commission over the bank's alleged failure to disclose bonuses at Merrill was recently rejected by a judge.
And BofA could not export its model of saturation coverage.
Still, it will be quite some time before BofA itself looks more like a gleaming S-Class than a lumbering old banger.
If BofA just dumped its existing holdings on to the market, that would put increased downward pressure on the share price of CCB, which has only a small float.
The reserve-to-nonperformers ratio will be particularly important for BofA, because this ratio fell to 173% in the third quarter, from 187% in the second period.
Buffett takes a different view: Berkshire wouldn't have invested in BofA if it needed his money.
Faced with mounting consumer criticism, BofA abandoned the planned fee Tuesday.
Bayerische Motoren Werke AG dropped 4.8 percent after BofA Merrill Lynch Global Research downgraded the world's largest luxury-car maker.
Based on the total volume of securities involved, BofA could potentially be on the hook for hundreds of billions of dollars, says Chris Whalen of Institutional Risk Analytics, a research firm.
花旗銀行在其國內市場的曝光要比其主要競爭對手美洲銀行(BofA)要少許多。
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