MINUTES
About Minutes
Back to latest

EconomyBofA misses profit estimates as capital markets weaken; books $1.2 billion charge

Bank of America fell short of third-quarter profit estimates on weakness in its capital markets business. It also disclosed a $1.2 billion charge related to a regulatory penalty for failures to detect potential money laundering.

Bank of Americaquarterly earningscapital marketsmoney laundering

RReuters★★★☆☆2026-10-14 11:50Original

BofA misses profit estimates as capital markets weaken; books $1.2 billion charge
BofA misses profit estimates as capital markets weaken; books $1.2 billion chargeEconomy