Bank of America profits from surging financial markets
Apr 16th, 2010 | By | Category: NewsTraders at Bank of America rake in billions to turn loss into $2.8bn profit A return to the good old days on Wall Street pushed Bank of America back into the black with quarterly profits of $2.8bn (£1.8bn). The company reported today that its traders had cashed in on resurgent financial markets and an improved mood of optimism among investors to rake in billions of dollars of revenue.
