Bank Of America Says With Q3 Financial Results That While Investment Banking And Sales & Trading Revenues Were Lower, Commercial Lending Grew In Every Client Segment; Saw Healthy Activity From Our Consumer, Wealth Management, Business And Commercial Clients
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Why It Matters
Bank of America made less money from helping with deals and trades. But they lent more money to regular customers and businesses, which is a bright spot.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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