Breaking Down Bank of America’s Third-Quarter Earnings
Bank of America’s stock and fixed-income traders missed estimates in the third quarter, with bond-trading revenue falling 17% and equity trading down 10%. Chris Marinac, director of research at Brean...
By Bloomberg Markets · Bloomberg Markets
Bank of America’s stock and fixed-income traders missed estimates in the third quarter, with bond-trading revenue falling 17% and equity trading down 10%. Chris Marinac, director of research at Brean Capital, examines the results on “Bloomberg Surveillance.” (Source: Bloomberg)