Global  

Bank of America quarterly profit falls 4%

Reuters Wednesday, 15 January 2020
Bank of America Corp posted a 4.1% fall in quarterly profit on Wednesday, as lower interest rates crimped the second-biggest U.S. lender's ability to earn more from loans.
0
shares
ShareTweetSavePostSend
 

You Might Like


💡 One News Page Knowledge: Other News Mentions

Bank of America Bank of America American multinational banking and financial services corporation

Bank of America ends pandemic pay, citing "business as usual"

Financial giant, with $12 billion in profits this year, had been offering some workers an extra $400 a month.
CBS News

Elon Musk Says He's Not Leaving California Despite Tesla Announcement

Elon Musk has said he's moving shop -- as in Tesla shop -- to the Lonestar State, but he said something Friday night that made us wonder if the plan's still a..
TMZ.com
JPMorgan pledges $30 billion to address racial wealth gap [Video]

JPMorgan pledges $30 billion to address racial wealth gap

JPMorgan Chase & Co said on Thursday it would commit $30 billion to address racial inequality over the next 5 years, marking one of the largest corporate pledges related to race since the death of George Floyd. Freddie Joyner has more.

Credit: Reuters - Politics    Duration: 01:13Published
BOA Boosts Third Quarter GDP Growth [Video]

BOA Boosts Third Quarter GDP Growth

Economists at Bank of America lifted their forecast for third-quarter US GDP growth to 27% from 15% on Friday. Business Insider reports better-than-expected trends in retail sales, the housing market, and hiring. BoA lowered its fourth-quarter projection to 3% from 5%. Failed stimulus negotiations are growing increasingly likely. No new aid could be a speed bump for the American economy. BoA made the adjustment after Senate Democrats blocked Republicans' $500 billion measure on Thursday.

Credit: Wochit News    Duration: 00:38Published

Tweets about this