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Bank of America and Morgan Stanley Report Strong Q2 Performance Driven by Investment Banking Gains
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#5dd0d30d ver:0.35

Bank of America and Morgan Stanley report strong Q2 performance driven by investment banking gains. Bank of America's profit drops due to shrinking interest income and increased provisions for credit losses, but investment banking fees increase by 29%. Morgan Stanley sees a 23% increase in institutional securities revenue and a 51% surge in investment banking revenue. Both banks remain optimistic about future prospects. #Banking #InvestmentBanking #Q2Earnings...

#newstr #BankOfAmerica #MorganStanley #Q2Performance #InvestmentBanking #Trading #WealthManagement

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