Bank of America reports profit increase.
BANKING AND CREDIT NEWS-October 18, 2023--Bank of America reports profit increase
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
Global Banking News - 18 October 2023
Bank of America Corp (NYSE: BAC) has posted an increase in profits.
The bank has posted a 10 percent increase in third party profits. The firm said that it was helped by higher interest rates.
The Charlotte-based bank earned a profit of USD7.8bn, which equates to USD0.90 per share. Last year, the...
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