News Formal

Bank of America CEO sees investment banking and trading staying flat in Q2

  • 📰 Reuters
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Bank of America Corp expects investment banking fees and trading revenues to be broadly flat this quarter, its CEO, Brian Moynihan, told investors at a conference on Thursday.

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegriexpects investment banking fees and trading revenues to be broadly flat this quarter, its CEO, Brian Moynihan, told investors at a conference on Thursday.

The second-largest U.S. bank posted investment banking fees of $1.1 billon in the second quarter last year.Reporting by Saeed Azhar and Lananh Nguyen; Editing by Leslie Adler

 

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

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Calvin Klein parent PVH Corp.’s first quarter earnings surpass expectations, but inventories riseShares of PVH Corp. dropped nearly 4% in the extended session Wednesday after the parent of Calvin Klein and other clothing brands reported first-quarter...
Source: MarketWatch - 🏆 3. / 97 Read more »