each posted profit that beat analysts' expectations as the firms released a combined $4.4 billion in loan-loss reserves.
Bank of America, the second-biggest U.S. lender by assets, had booked $11.3 billion worth of credit loss provisions in the first three quarters of 2020.in its investment bank, Bank of America could also see a boost from its trading operations.$2.9 billion in shares in the first quarter, plus about $300 million in shares to offset stock given to employees. It also said it would maintain its 18 cent quarterly dividend.This story is developing. Please check back for updates.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
How about as part of earnings reports going forward they list all of their political contributions in their 10?