Bank of America posts fall in profits.

Published date17 April 2024

BANKING AND CREDIT NEWS-April 17, 2024--Bank of America posts fall in profits

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Global Banking News - 17 April 2024

Bank of America Corp (NYSE: BAC) has posted a fall in profits.

The bank has posted a fall of 18 percent in year-over-year net income. A 6 percent increase in non-interest expense and a 3 percent decrease in net interest income also helped to pull down profits.

The Charlotte-based company reported...

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