The lender’s shares were up 1.6% in premarket trading as consumer banking showed strength, helping it ride out uncertainties in global financial markets. “In a moderately growing economy, we focused on driving those things that are controllable,” Chief Executive Brian Moynihan said in a statement. Consumer banking revenue rose 3% to $9.7 billion, while its trading business delivered a solid quarter, driven mainly by a strong performance from equities trading, which rose 13% to $1.1 billion. …read more
Source:: Yahoo Finance
