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BofA profit beats estimates on interest income, decade high trading revenue

BofA profit beats estimates on interest income, decade high trading revenue

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A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights Oct 17 (Reuters) – Bank of America’s (BAC.N) third-quarter profits beat Wall Street estimates as it joined other big lenders in earning more on loan interest payments, while […]

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Citigroup’s third-quarter profit tops estimates on rise in trading revenue, interest payments

Citigroup’s third-quarter profit tops estimates on rise in trading revenue, interest payments

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Open this photo in gallery: The Citigroup Inc logo at the SIBOS banking and financial conference, in Toronto, on Oct. 19, 2017.CHRIS HELGREN/Reuters Citigroup’s C-N third-quarter profit beat estimates on Friday as it benefited from a surge in trading revenue, investment banking fees and interest payments while undertaking its biggest overhaul in decades. The bank

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