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In 1997, BankAmerica lent hedge fund D. E. Shaw & Co. $1.4 billion in order to run various businesses for the bank. However, D.E. Shaw suffered significant loss after the 1998 Russia bond default. NationsBank of Charlotte acquired BankAmerica in October 1998 in what was the largest bank acquisition in history at that time.
Our specialists are ready to help at your convenience. Schedule Now. Home > Locations > Indiana. Are Not FDIC insured. Are Not Bank Guaranteed. May Lose Value. Are Not Deposits. Are Not Insured by Any Federal Government Agency. Are Not a Condition to Any Banking Service or Activity.
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