News Formal

Bank of America Is Set to Report Second-Quarter Earnings — Here's What the Street Expects

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Bank of America, led by CEO Brian Moynihan since 2010, had enjoyed tailwinds as rising interest rates and a rebound in loan growth boost income.

Here's what Wall Street expects:Revenue: $22.67 billion, 5% higher than a year earlier.Trading Revenue: Fixed Income $2.33 billion, Equities $1.

73 billionBank of America is supposed to be one of the big beneficiaries of rising interest rates — but will that be enough to offset declines in investment banking?

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So how many homes these crooks have stolen or helped the other crooks to steal? NO shame in still keeping these fraudster CEOs? BankofAmerica jpmorgan jpmorgan emo_jamie_dimon mellodyhobson

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines