Bank of America posts Global Markets income of $1.1bn for Q2 2023, up 9% Y/Y
Global Markets net income amounted to $1.1 billion, up 9% (or $88 million) from the year-ago quarter.
Global Markets net income amounted to $1.1 billion, up 9% (or $88 million) from the year-ago quarter.
The Global Markets segment of Bank of America posted net income of $1.7 billion for the first quarter of 2023, up 6% from the year-ago period.
Bank of America Corp (NYSE:BAC) today posted its financial report for the three-month period to end-December 2022.
Bank of America Corp (NYSE:BAC) today posted its financial report for the three-month period to end-September 2022.
Bank of America’s innovative online payment solution, Pay by Bank, is now available for euro currency payments.
The CFTC has imposed a total penalty exceeding $710 million on 11 major banks, including Citi, Bank of America and Goldman Sachs.
Between January 2009 and October 2020, BofAS failed to report OTC options positions to the LOPR in more than 7.4 million instances.
Major banks face another complaint accusing them of collusion to manipulate the London InterBank Offered Rate (LIBOR).
Bank of America reported net income from its Global Markets segment of $1.0 billion, up
$110 million from the year-ago period.
From January 2014 through February 2022, BofA Securities published inaccurate data in 107 monthly reports.