Bank of America’s Wall Street Bet Pays Off

Bank of America’s Wall Street Bet Pays Off · The Wall Street Journal

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Bank of America may not quite be the country’s biggest bank on Main Street, or on Wall Street. On Main Street, the bank delivered on what it had previously said was likely to be an inflection point for net interest income. The bank’s total net interest income rose to $14.1 billion in the third quarter, from $13.9 billion in the second quarter, including tax adjustments.