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Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss

Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss Following stellar equity trading results from Goldman and JPMorgan, this morning Bank of America reported that its traders also pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record. Bank of America said Q1 profit rose 17% from a year earlier, while net income came in at $8.58 billion. That amounted to $1.11 a share, above...
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Sep 6, 2026 / Tyler Durden
Dr. Robert Malone On Well-Being & 'Mental Illness' In Women
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Apr 15, 2026 / Tyler Durden
Watch: Vance Pledges Probe Into Epstein 'Pizza' And 'Grape Soda' References
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Aug 17, 2026 / Tyler Durden
Key Events This Week: FOMC Minutes, PMIs, Industrial Data; WalMart And Home Depot Earnings
Key Events This Week: FOMC Minutes, PMIs, Industrial Data; WalMart And Home Depot Earnings While global equity indices are at or close to all-time highs, DB's Peter Sidorov writes that we’re seeing more challenging August crosswinds playing out in bond markets. Expectations for an imminent Fed rate hike have been pulled back, but this has been accompanied by a significant US curve steepening, with the backdrop of higher oil prices, elevated fiscal deficits, and demand for capital from the AI investment boom putting upward pressure on yields. The resulting long-end...
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