Nov 22 (Reuters) -
Three Bank of America ( BAC ) investment bankers in India
have left the company as it probes allegations of wrongdoing
over stock sales, a source familiar with the matter said.
The departures were first reported by the Financial
Times.
A whistleblower complaint alleged that Bank of America ( BAC )
shared non-public information
with some investors before it sold roughly $200 million
worth of stock for some clients in India, according to a Wall
Street Journal report in September.
The bank is carrying out an internal investigation,
according to the source, who declined to be identified when
discussing personnel matters.
In September, BofA said it takes complaints seriously and
thoroughly investigates them.