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Bank of America profit nearly halves as loan loss provisions soar

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Apr 15 '20 | By oiam2companyadmin | Views: 49 | Comments: 0

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Bank of America Corp recorded a 48.5% fall in quarterly profit as the bank set aside $3.6 billion for potential loan losses tied to the coronavirus pandemic.
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Source: https://www.reuters.com/article/us-bank-of-america-results/bank-of-america-profit-nearly-halves-as-loan-loss-provisions-soar-idUSKCN21X1G8?feedType=RSS&feedName=businessNews

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