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BigBear.ai Holdings, Inc.

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Bank of America investment banking revenue decline

2 clusters · 11 sources · last updated 4 days ago

Latest: Bank of America expects third-quarter investment banking fees to fall over 10%

Bank of America CEO Brian Moynihan projected a decline in third-quarter investment banking fees of at least 10% compared to the previous year. The bank expects investment banking revenue to fall to between $1.6 billion a