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Bank of America Exclusive: Robust Q1 Earnings | Deep-Dive

Bank of America saw a significant boost in the first quarter of 2024 in their dealmaking division, with a 35% increase in earnings due to strong gains in the capital markets, despite lacklustre returns from fixed income trading.

Photo: Bank of America

The bank’s investment banking fees surged to $1.6 billion during this period, largely driven by the equity underwriting unit, which saw its revenue more than

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