BofA joins rivals in predicting stronger investment banking revenue
NEW YORK, March 6 (Reuters) - Bank of America (BAC.N), opens new tab expects its investment banking revenue to rise by 10% to 15% in the first quarter from a year earlier, joining rivals who have recently turned more optimistic.
"We've had better capital markets activity, you can see that just in the deal flow," BofA's Chief Financial Officer Alastair Borthwick said at a financial conference on Wednesday.
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