Bank of America (BAC) expects Q2 sales and trading revenue to rise about 15% Y/Y

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Bank of America (BAC) expects Q2 sales and trading revenue to rise about 15% Y/Y

NY Fed rrp op demand at USD 1.853bln (prev. 1.787bln) across 7 counterparties (prev. 6)

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  • CEO said the bank has used more of its balance sheet to support trading and invested in technology, after promoting Denis Manelski and Soofian Zuberi as global markets co-heads.

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