Northern Trust's Q2 Profit Surges on Fee Income Boost and Accounting Gain
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#5dd0d30d ver:0.39
Bank of America's Q2 profit drops due to shrinking interest income and increased provisions for credit losses, but investment banking fees increase by 29%. Morgan Stanley also reports strong Q2 results driven by investment banking gains. Citizens Financial Group beats expectations with a surge in capital markets fees, while Northern Trust's Q2 profit surges on higher fee income and an accounting gain from a stock exchange deal. #Banking #FinancialResults #InvestmentBanking...
#newstr #NorthernTrust #Profit #FeeIncome #AccountingGain #AssetsUnderCustody #NetInterestIncome #ForeignExchangeTradingIncome
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