Fitch Places Bank of America's IDRs on Rating Watch Negative

Fitch Places Bank of America's IDRs

on Rating Watch Negative

10/22/10
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has placed the long-term and short-term Issuer Default Ratings (IDRs) as well as the Support and Support Floor ratings of Bank of America Corporation (BAC) on Rating Watch Negative following initial interpretation of the Dodd-Frank Wall Street Reform and Consumer Protection Act and its implications for systemically important financial institutions. Business Wire Press Release