Bank of America is likely to have benefited from the Wall Street side of its operations during the third quarter.
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Bank of America
on Wednesday posted third-quarter results that exceeded analysts’ expectations on stronger-than-expected investment banking revenue.
Here’s what the company reported:
The second largest U.S. bank by assets said that profit rose 23% from a year earlier to $8.5 billion, or $1.06 per share. Revenue rose 10.8% to $28.24 billion.
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