Bank of America profit rises on trading boost
BAC•Second-quarter profit rises on trading activity
Bank of America profit rises on trading boost
July 14 (Reuters) - Bank of America reported a rise in second-quarter profit, driven by strong trading activity as global market volatility prompted clients to reshuffle their portfolios.
The bank reported a net income of $9.1 billion, or $1.21 per share, in the three months ended June 30, compared with $7.2 billion, or 90 cents per share, in the year earlier.




