More than a few people attending last week's Bank Administration Institute compliance conference were surprised to learn that NationsBank representatives would be leading sessions on nondeposit investment products.

Just last month, the North Carolina-based bank agreed to pay nearly $7 million to settle charges it misled customers about uninsured investment products in 1993 and 1994.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.