BofA expects rising interest income, investment banking fees in first quarter

Group 1 - Bank of America expects net interest income to grow by 7% in the first quarter [1] - Investment banking fees are projected to increase by 10% in the same period [1] - Global markets revenue is anticipated to rise by a low double-digit percentage, marking the 16th consecutive quarter of year-on-year growth [1] Group 2 - Financial stocks experienced a rebound after a decline earlier in the week due to geopolitical tensions affecting oil prices and global equities [1]

Bank of America-BofA expects rising interest income, investment banking fees in first quarter - Reportify