Updated Tuesday, September 1, 2015 as of 4:27 PM ET

BofA Seen Asking Fed for Dividends Over Buybacks After Gaffe

(Bloomberg) -- Bank of America Chief Executive Officer Brian T. Moynihan won permission last month for the firmís first dividend increase since the financial crisis. Now heís under pressure to salvage the payout after the company mistakenly inflated capital levels by about $4 billion.

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