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Bank of America expects higher investment banking fees for third quarter

Venezuela, Caracas, Cruz Roja Venezolana
Bank of America expects higher investment banking fees for third quarter

Sept 9 (Reuters) – Bank of America Corp said on Monday the bank expects third quarter investment banking fees to be up in the low single digits compared with last year.

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Speaking at an investor conference, Chief Operating Officer Tom Montag also said fixed income trading revenue is down slightly while equities are up quarter-to-date. (Reporting by Imani Moise Editing by Chris Reese)

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