
BofA Crushes Q3 Earnings Thanks to Huge Dealmaking Boost
Bank of America's Q3 results beat expectations. Profit soared due to huge investment banking fees earned from advising on corporate "mega deals."
Bank of America's Q3 results beat expectations. Profit soared due to huge investment banking fees earned from advising on corporate "mega deals."
Major banks are competing for lead roles in what could be history's largest IPO as Trump administration plans to take Fannie Mae and Freddie Mac public, with Goldman Sachs, JPMorgan, and others vying for position.