EconomyBank of America results hurt by weak trading and $1.2 billion penalty

Name: Bank of America results hurt by weak trading and $1.2 billion penalty
Uploaded: 2026-10-14T13:37:43.000Z
Description: Bank of America’s stock and fixed-income trading fell short of estimates in the third quarter. Bond-trading revenue dropped 17% to $2.55 billion, while equity-trading revenue declined 10% to $2.51 billion. A charge linked to a regulatory penalty over money laundering and sanctions violations also weighed on results.

Bank of America’s stock and fixed-income trading fell short of estimates in the third quarter. Bond-trading revenue dropped 17% to $2.55 billion, while equity-trading revenue declined 10% to $2.51 billion. A charge linked to a regulatory penalty over money laundering and sanctions violations also weighed on results.

Bloomberg Television 2026-10-14 13:37