BofA says had no contact with WikiLeaks

[sabra]

Source: Reuters

BOSTON, Dec 1 (Reuters) - Bank of America (BAC.N) has no evidence that it is the target of alleged plans by website WikiLeaks to disclose confidential data and that thousands of the bank's internal documents have already been scoured by lawmakers and regulators, a top executive said on Wednesday.

"We don't know that it is us and we have had no contact with (WikiLeaks)," Anne Finucane, the bank's global strategy and marketing officer said a day after the bank's share price dropped 3 percent amid concerns that potentially damaging documents would be released soon by the website.

"After dealing with the U.S. diplomatic corps, he is now taking on a U.S. bank," Finucane said of WikiLeaks founder Julian Assange. Finucane is Bank of America's most senior executive to publicly speak about the topic since it caught investors' attention earlier this week.

While the potential leak fascinated Wall Street on Tuesday, Finucane downplayed the likelihood that there might be fresh damaging news because the bank has been so closely scrutinized in the wake of the financial crisis.

"There is probably not a company that has had more leaks than us," Finucane said, adding "we have been out there 24/7."

Read more: http://www.reuters.com/article/idUSN0112974120101201

[EmilyKent]

1. I understand Wikileaks has

an executives' hard drive from BofA.

[SkyDaddy7]

2. I was hoping it would be Goldman Sachs! Not BofA.

Like he said I think most is known about BofA but maybe not.

[EmilyKent]

3. I don't know what else he has,

but I'm guessing there's also a lot of stuff on a BofA hard drive about Goldman Sachs.

[sarcasmo]

4. I would agree and they are out playing the Deny game prior to the leaks coming out.

[dixiegrrrrl]

5. Possibility it is the Bank of England ( BOE)

I have read in some blogs.