Bank of America's 4th-quarter profit beats expectations, but revenue drops 10% as low interest rates hurt its consumer banking division

Bank of America's 4th-quarter profit beats expectations, but revenue drops 10% as low interest rates hurt its consumer banking division

Business Insider

Published

The second-biggest US lender posted a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share.

Full Article