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Proactive Investors
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23 days ago
Bank of America Corp (NYSE:BAC), the US banking group, reported third-quarter net income of $6.9 billion after booking a $1.2 billion regulatory penalty, although rising interest income and wealth management fees supported stronger underlying performance. Net income fell from $8.3 billion a year earlier, while earnings per share dropped to 91 cents from $1.04, reflecting the cost of the settlem...