Bank of America 's ( BAC - news - people ) Merrill Lynch, which also got caught up in the scheme, according to court documents filed by the federal government.
The global head of equity and derivatives for BNP Paribas (other-otc: BNPQY - news - people ), Yann Gerardin, told Forbes.com on Wednesday that its latest acquisition-- Bank of America (nyse: BAC - news - people )'s equity prime brokerage unit--would give the bank an attractive springboard into the lucrative American market.