Bank of America has raised $26bn

Bank of America has raised more than three quarters of the $33.9bn (€24.3bn) called for by the federal stress-test results, further easing concerns that the banking giant would need to take more government capital.

Shares were up 1.8% at $11.18 in recent trading.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump