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Material Loan Growth May Not Be Here Yet, but Bank of America Is Seeing Promising Signs fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
The Wall Street behemoth reported earnings of $9.2 billion in the second quarter, up from $3.5 billion a year earlier. The huge increase was due in part to the bankâs release of more than $2 billion it stashed away in anticipation of covering soured loans from the COVID-19 pandemic. Still, total revenue disappointed analysts, falling to $21.5 billion, down 4% from $22.3 billion a year ago. Low interest rates dented interest income, and trading revenues fell. The wealth management front was a different story. The nationâs No. 2 bank by assets showed strong growth in revenues, with record-level fees for assets under management (AUM) and client balances from April through June. ....
COVID vaccine live updates: Here’s what to know in North Carolina on July 15 Hayley Fowler, Simone Jasper, The Charlotte Observer We’re tracking the most up-to-date information about the coronavirus and vaccines in North Carolina. Check back for updates. More than 1,000 new cases reported At least 1,021,853 people in North Carolina have tested positive for the coronavirus, and at least 13,519 have died since March 2020, according to state health officials. The N.C. Department of Health and Human Services reported 1,020 new COVID-19 cases on Thursday, up from 995 on Wednesday. Seven additional coronavirus-related deaths were reported on Thursday. Deaths don’t necessarily occur on the day the state reports them. The state health department revises its daily figures as more information becomes available. ....
Bank of America Is Struggling to Shake High Expenses. What Gives? fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
COVID vaccine live updates: Here's what to know in North Carolina on July 15 msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.