Bank of America expects higher investment banking fees for third quarter

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

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Bank of America Corp said on Monday the bank expects third quarter investment ba...

FILE PHOTO: A Bank Of America sign is pictured in the Manhattan borough of New York August 21, 2014. REUTERS/Carlo Allegri

- Bank of America Corp said on Monday the bank expects third quarter investment banking fees to be up in the low single digits compared with last year. Speaking at an investor conference, Chief Operating Officer Tom Montag also said fixed income trading revenue is down slightly while equities are up quarter-to-date.

 

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.

Bank stocks in broad rally as Treasury yields climb, with Bank of America's stock up over 3%Bank stocks enjoyed a broad rally Monday, supported by a jump in longer-term Treasury yields. The SPDR S&P Bank ETF rose 3.0% and the SPDR Financial...
Source: MarketWatch - 🏆 3. / 97 Read more »