Bank Of America Signals Resilient US Economy As Profits Rise On Trading Strength

Fuente: International Business Times

Brian Moynihan, CEO of Bank of America. Reuters Bank of America said the US economy continues to show resilience after reporting stronger-than-expected quarterly profits driven by a rebound in trading revenue, according to its first-quarter results released Wednesday. The bank's leadership pointed to stable consumer spending and steady credit quality across its lending book as key indicators that economic conditions have remained broadly supportive.