financetom
Business
financetom
/
Business
/
Bank of America CEO expects 10% to 15% jump in investment banking fees in Q2
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bank of America CEO expects 10% to 15% jump in investment banking fees in Q2
May 30, 2024 9:25 AM

NEW YORK, May 30 (Reuters) - Bank of America ( BAC ) CEO

Brian Moynihan said on Thursday investment banking fees are

expected to rise 10% to 15% in the second quarter from a year

earlier.

Trading revenue is expected to grow at a low single-digit

percentage in the current quarter, with a strong performance in

equities offset by broadly flat revenue in fixed income, he told

investors at a conference.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BMO on Bank of Canada Consumer, Business Sentiment Surveys
BMO on Bank of Canada Consumer, Business Sentiment Surveys
Mar 13, 2025
09:24 AM EDT, 03/13/2025 (MT Newswires) -- Accompanying Wednesday's Bank of Canada rate decision announcement were preliminary results of its consumer and business sentiment surveys, noted Bank of Montreal (BMO). While the full results will be out in April, they're based on responses collected from the end of January to early/mid February, just as United States tariff threats on Canada...
SoFi Technologies Signs $5 Billion Loan Platform Business Agreement with Blue Owl Capital Funds
SoFi Technologies Signs $5 Billion Loan Platform Business Agreement with Blue Owl Capital Funds
Mar 13, 2025
09:25 AM EDT, 03/13/2025 (MT Newswires) -- SoFi Technologies ( SOFI ) said Thursday that it has finalized an agreement worth up to $5 billion for personal loans with funds managed by Blue Owl Capital. SoFi said the deal is its largest loan platform business agreement to date. Shares of SoFi were up more than 1% in recent Thursday premarket...
Terabase Energy secures $130 million to expand solar technology deployment
Terabase Energy secures $130 million to expand solar technology deployment
Mar 13, 2025
(Reuters) - Solar technology company Terabase Energy announced on Thursday it has secured a funding of $130 million, led by SoftBank, to scale its technology deployment for large solar projects. The funding round, the largest in the company's history, brings Terabase Energy's total funding to $200 million. The company did not disclose the valuation at which the amount was raised....
Market Chatter: UBS Mulls Sale of Certain Real Estate Assets
Market Chatter: UBS Mulls Sale of Certain Real Estate Assets
Mar 13, 2025
09:24 AM EDT, 03/13/2025 (MT Newswires) -- UBS Group AG ( UBS ) is considering selling a portion of its asset management division that is mostly focused on real estate investments, Reuters reported Thursday, citing two people with knowledge of the matter. UBS did not immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived...
Copyright 2023-2026 - www.financetom.com All Rights Reserved