Bank of America's investment banking business is staging a comeback after two subdued years, driven by a rebound in dealmaking, stronger capital markets and renewed corporate confidence. The improvement should boost fee pipelines and trading-related revenue, potentially moving BAC and peer stocks in the low single-digit range if deal activity continues to pick up.
Bank of America's investment banking business is staging a comeback after two subdued years, driven by a rebound in dealmaking, stronger capital markets and renewed corporate confidence. The improvement should boost fee pipelines and trading-related revenue, potentially moving BAC and peer stocks in the low single-digit range if deal activity continues to pick up.
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mildly positive
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0.35
