Two Bank of America employees in India were recently suspended due to an internal investigation. This action follows a whistleblower complaint alleging that the bankers shared confidential information with select investors. The complaint claims that the bankers provided advance notice of a $200-million stock sale related to Sun Life, allowing the investors to profit from this non-public information. The investigation is ongoing as Bank of America looks into the possibility of insider trading in connection with this event now police custody and indian cyber security action .
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