Tue, 20 Dec 2011 08:28:48 GMT
Bank of America shares reach record low since 2009
Stocks of Bank of America Corp. ended below
$5 on Monday breaching record low since 2009. The shares closed at $4.99 down
4%. Company has experienced a sharp decline during recent months, as investors
express concern whether the bank holds sufficient amount of capital to accept
mortgage-linked losses. Moreover, shareholders are uncertain whether the bank will
be able to fulfil international capital requirements.