Bank of America Q2 Equity Trading Revenue Surges 70% to $3.6 Billion, Beats Estimates

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According to Bank of America's official statement, the bank's equity trading revenue surged 70% to $3.6 billion in Q2, exceeding analyst expectations. Fixed income trading revenue also rose 9% to $3.5 billion, above consensus estimates. The sales and trading division posted first-half record performance.
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