Bank of America second-quarter earnings drop 32%, missing expectations as market sell-off takes a toll
July 18, 2022 at 08:59 AM EDT
Bank of America's second-quarter earnings narrowly missed expectations on Monday, as a slump in stock markets led to a slowdown in activity in the lender's investment banking arm. Profit at the Wall Street lender came in at $6.2 billion for the three months to June 30. That was down more than 32% … Source
