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Bank of America Q2 profits drop as higher interest rates slow down lending
- Source :
- AP Online. July 16, 2024
- Publication Year :
- 2024
-
Abstract
- NEW YORK (AP) — Bank of America said its profits fell in the second quarter, as higher interest rates ate into BofA's expenses, including its large consumer banking franchise. But [...]
- Subjects :
- The Goldman Sachs Group Inc. -- Company sales and earnings
Bank of America Corp. -- Company sales and earnings
Banks (Finance) -- Prices and rates
Investment banks -- Prices and rates -- Company sales and earnings
Interest rates
Company earnings/profit
Company pricing policy
News, opinion and commentary
Subjects
Details
- Language :
- English
- Database :
- Gale General OneFile
- Journal :
- AP Online
- Publication Type :
- News
- Accession number :
- edsgcl.802020325