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Bank says 1,000 employees are reassigned to fix issues and create efficiencies Consent order requires independent review of past transactions and reporting missed suspicious activity to FinCEN Borthwick says order imposes no asset cap or curbs on other business activity By Saeed Azhar, Arasu Kannagi Basil and Pete Schr
Oct 14 (Reuters) — Bank of America Corporation: Bofa Cfo Borthwick Speaking On Media Call Bank Of America Chief Financial Officer Alastair Borthwick: We've Worked With Regulators To Reach These Resolutions Over The Regulatory Action Bank Of America Chief Financial Officer Alastair Borthwick: We've Worked With Regulator