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BreakingStocks

Bank of America Forecasts 10% Drop in Investment Banking Fees

First Detected: Sep 14, 2026, 6:53 PM
Last Update: 27 minutes ago
12 articles·1 stories

Event Summary

Bank of America CEO Brian Moynihan expects investment banking fees to decline by more than 10% in the third quarter compared to the previous year. Meanwhile, trading revenue at the bank is anticipated to remain roughly flat during the quarter. These projections outline the bank's financial expectations for its key revenue streams.

Timeline

Bank of America Clarifies Fee Decline Amid Net Interest Income and Loan Growth
Sep 14, 2026, 6:53 PMImpact: 5