Another one (BOA) bites the AOCI dust.

Bloomberg News reports quite accurately on BOA's AOCI perils.

Bank of America’s AOCI loss more than doubled to $7.71 billion at the end of June from $3.49 billion on March 31, according to figures released on the bank’s website.

Under rules proposed by the Basel Committee on Banking Supervision, known as Basel III, the regulatory capital measure known as …