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BofA trading revenue on track for small rise

Brian Moynihan

Bank of America’s second-quarter trading revenue is on track to rise by “mid-single digits,” Chief Executive Officer Brian Moynihan said Thursday, following optimistic comments a day earlier from JPMorgan.

Ex-Barclays trader freaked out

Courtroom Gavel

An ex-Barclays trader on trial for conspiring to rig Libor said he was "freaked out" by an internal interview in 2009 despite reassurances from his bosses that there was nothing wrong with influencing the rates submitted by colleagues.