KM Financial Solutions | Bank of America puts investments over cost cuts as ‘operating leverage’ fades
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Bank of America puts investments over cost cuts as ‘operating leverage’ fades

Bank of America puts investments over cost cuts as ‘operating leverage’ fades

For the first time in nearly
five years, Bank of America Corp did not rely on cost
cuts to amplify profits – the latest sign of big U.S. banks
prioritizing investments in their businesses over short-term
gains.

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