UPDATE 1-Bank of America profit nearly halves as loan loss provisions soar
Bank of America Corp recorded a
48.5% fall in quarterly profit on Wednesday, as it set aside
$3.6 billion in provisions to cover for potential lossses tied
to the coronavirus pandemic.
48.5% fall in quarterly profit on Wednesday, as it set aside
$3.6 billion in provisions to cover for potential lossses tied
to the coronavirus pandemic.
Posted by Reuters
