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Big in content with the launch of a primelike service. And pepsicos new pledge to slash calories in its beverage. Sarah eisens exclusive interview with the chairman and Ceo Indra Nooyi. Bryan moynihan says revenue growth, risk management, cost down three, trading revenue up 18, fic trading up 39. Numbers not quite as good as jpms but better than citi in some cases. Yeah, book value of 17. 14, impressed by expense control here. Really excited about the Wealth Management growth. Theres a lot here to like. And its not like the old days where talking about the Justice Department has decided to crack down on this or that. And by the way, oil and gas literally seven months ago we were worried about losses. No, big drop in worries about the nonperformers in oil. So this is a clean quarter. The problem of course is that ....
Bank of America's wrong-way rate bet hurts Moynihan's growth pledge americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) For years, Brian Moynihan told investors his bank would be a big winner when interest rates eventually, finally, one day went up. Bank of America Corp. had built a massive deposit base that would allow profits to soar when the Federal Reserve changed course.Most Read from BloombergIsrael Latest: Army Stops Lebanon Incursion, Calls Up 300,000Israel Latest: Over 1,100 Dead; US Sends Warships to RegionSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingOil Surges as Israel Con ....