Bank of America expects markets business to post 13th quarter of revenue growth
ReutersJun 11, 2025 3:22 PM
NEW YORK, June 11 (Reuters) - Bank of America BAC.N expects its markets business could post a 13th consecutive quarter of revenue growth and investment banking fees could hit up to $1.2 billion in the second quarter, CEO Brian Moynihan said on Wednesday.
"This quarter, we expect to grow mid-to-high single digits, 13th quarter in a row" for the markets business, he told investors at a conference.
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