Bank Of America, Quarterly Results | featured news

Bank of America Continues to Improve

Bank of America Continues to Improve

The bank, which is often considered a bellwether, said that it had clawed back to profitability in the first quarter, after two consecutive periods of losses.

 

BofA reports $5.2 billion quarterly loss

Bank of America Corp. says it lost $5.2 billion during the final three months of 2009 as consumers struggled to make their mortgage and credit card payments.

 

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