KM Financial Solutions | UPDATE 2-Bank of America profit beats on lower costs, loan growth
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UPDATE 2-Bank of America profit beats on lower costs, loan growth

UPDATE 2-Bank of America profit beats on lower costs, loan growth

Bank of America Corp reported a
better-than-expected rise in quarterly profit on Monday as the
second-largest U.S. lender benefited from cost cuts, while
higher interest rates and loan growth helped offset weaker bond
trading revenue.

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