Bank of America Slides After Trading Revenue Slump, $2.2 Billion Reserve Release Saves The Day

https://www.nationandstate.com/2021/07/14/bank-of-america-slides-after-trading-revenue-slump-2-2-billion-reserve-release-saves-the-day/
Bank of America Slides After Trading Revenue Slump, $2.2 Billion Reserve Release Saves The Day The bank earnings parade continued on Wednesday morning when Bank of America reported disappointing earnings that missed on the top line as a result of disappointing trading revenue like JPM yesterday with FICC sliding 38% Y/Y due to “more benign…

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