Tag: Brian Moynihan

Bank of America Profit Jumps 27%: 7 Key Reasons BofA’s Record Trading Revenue Crushed Wall Street Estimates

Bank of America Profit Jumps 27%: 7 Key Reasons BofA’s Record Trading Revenue Crushed Wall Street Estimates Bank of America Profit Jumps 27% after the second-largest U.S. lender delivered stronger-than-expected second-quarter earnings, powered by record equities trading revenue, improving investment banking activity, and resilient consumer spending. The results add to a growing trend among major...