Talking Business

May 6, 2014 5:55 PM

Just a little $4 billion error

If you’re a bank executive, it’s never going to be easy to tell your shareholders: Oops, we made a $4 billion mistake! But the disclosure last week by Bank of America that it had $4 billion less in regulatory capital than it thought came at a particularly awkward time, just days before its annual shareholder meeting, scheduled for Wednesday in Charlotte, N.C.

Related content

Comments

Videos

More Videos

Watch BoarBuster's feral hog trap drop 0:19

Watch BoarBuster's feral hog trap drop

West Bottoms full of shoppers on First Friday 5:06

West Bottoms full of shoppers on First Friday

1889 Pizza opens in KCK 1:46

1889 Pizza opens in KCK

Why Silpada Designs is closing 1:00

Why Silpada Designs is closing

Chicken N Pickle opens in North KC 0:53

Chicken N Pickle opens in North KC

Hallmark employees feel the Salvy Splash 2:10

Hallmark employees feel the Salvy Splash

How to anchor your furniture 2:46

How to anchor your furniture

Meet Sprint's new leadership 2:15

Meet Sprint's new leadership

Grayden Lane Denham charged in quadruple homicide in Platte County 3:07

Grayden Lane Denham charged in quadruple homicide in Platte County

Independence woman jumps out of a Wendy's drive-through window to fight customers 0:50

Independence woman jumps out of a Wendy's drive-through window to fight customers

Share Video

Editor's Choice Videos