Shrink the feds Balance Sheet. David . David were goined by mr. Campbell who covers banks for bloomberg and alice williams. She was a banker for Morgan Stanley and u. B. S. Lets start with the numbers because they broke 15 minutes ago now. Theyre basically up across the board according to estimates and last year. Mr. Campbell thats right. Really what this is about is the expense story. It looks like thats our initial read, noninterest expenses are lower than analysts had expected so bank of america did better on that. Credit cost provisions are ower than analysts expected. Thats a good story. People may have questions on Revenue Growth. Bank of america came up short on Net Interest Income with Interest Rates rising a bit during the quarter. Theres interest there. Bond trade chg was going to be there were a lot of good expectations for bond trading this quarter. Bank of america came in short on that. David focus on the trading because it came in low. As you point out the Fourth Quarter
To call the tuesday, march 28, 2017, public works to order commissioner caen commissioner vietor commissioner vicepresident kwon is excused from todays meeting and we have quorum commissioner courtney. You said commissioner vietor on his way. Oh, thank you the approval of the minutes of march 14, 2017. Secretary a correction. Yes. A correction to the item number 3, the approval of the minutes motion that of received to was incorrect as stated should have said february 28th. Thank you, commissioners any other additions, deletions, or changes. Id like to move the item as amended second. Any public all in favor, say i. I. Opposed . That motion carries. Item 4 general Public Comment address the commission on matters that are within the commissions jurisdiction and are not on todays agenda. I have a speaker card from mr. Da costa welcome. Commissioners you do said that in the southeast he sector there is a lot going to happen a lot happening and a lot of that that has to do with with the in
Stated should have said february 28th. Thank you, commissioners any other additions, deletions, or changes. Id like to move the item as amended second. Any public all in favor, say i. I. Opposed . That motion carries. Item 4 general Public Comment address the commission on matters that are within the commissions jurisdiction and are not on todays agenda. I have a speaker card from mr. Da costa welcome. Commissioners you do said that in the southeast he sector there is a lot going to happen a lot happening and a lot of that that has to do with with the infrastructure now if you go on the website we dont have a real idea of what is happening with the Community Benefits i hope there is not a misunderstanding but for everybody to have a good understanding we need manage to be posted on the website about the Community Benefits that will for by the community and the task force established how the disbursements of those communities benefits have been made this is critical we just cant be deve
Item number 3, the approval of the minutes motion that of received to was incorrect as stated should have said february 28th. Thank you, commissioners any other additions, deletions, or changes. Id like to move the item as amended second. Any public all in favor, say i. I. Opposed . That motion carries. Item 4 general Public Comment address the commission on matters that are within the commissions jurisdiction and are not on todays agenda. I have a speaker card from mr. Da costa welcome. Commissioners you do said that in the southeast he sector there is a lot going to happen a lot happening and a lot of that that has to do with with the infrastructure now if you go on the website we dont have a real idea of what is happening with the Community Benefits i hope there is not a misunderstanding but for everybody to have a good understanding we need manage to be posted on the website about the Community Benefits that will for by the community and the task force established how the disbursem
Vietor on his way. Oh, thank you the approval of the minutes of march 14, 2017. Secretary a correction. Yes. A correction to the item number 3, the approval of the minutes motion that of received to was incorrect as stated should have said february 28th. Thank you, commissioners any other additions, deletions, or changes. Id like to move the item as amended second. Any public all in favor, say i. I. Opposed . That motion carries. Item 4 general Public Comment address the commission on matters that are within the commissions jurisdiction and are not on todays agenda. I have a speaker card from mr. Da costa welcome. Commissioners you do said that in the southeast he sector there is a lot going to happen a lot happening and a lot of that that has to do with with the infrastructure now if you go on the website we dont have a real idea of what is happening with the Community Benefits i hope there is not a misunderstanding but for everybody to have a good understanding we need manage to be p