Bank of America CEO Expects 10% to 15% Jump in Investment Banking Fees in Q2

May 30, 2024

NEW YORK (Reuters) – Bank of America’s investment banking fees are expected to rise 10% to 15% in the second quarter from a year earlier, CEO Brian Moynihan said on Thursday, after an almost two-year industry slump due to market volatility, rising interest rates and geopolitical turmoil. Trading …