Alastair Borthwick
BofA stock surges after boosting profit on trading gains, interest income
Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul.
Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul.
The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.