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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.

Bank of America traders didn't lose money

Bank of America

Bank of America traders posted trading revenue on every business day of the third quarter, the first three-month period without a daily loss since the start of 2014, even as total trading revenue declined.

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Brian Moynihan

BofA trading revenue on track for small rise

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.

Bank of America

Bank of America traders didn't lose money

Bank of America traders posted trading revenue on every business day of the third quarter, the first three-month period without a daily loss since the start of 2014, even as total trading revenue declined.