Bondholdings Become Less of a Burden at Bank of America and Other Big Banks

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https://www.wsj.com/finance/banking/bondholdings-become-less-of-a-burden-at-bank-of-america-and-other-big-banks-77ef0766While Bank of America’s net interest income in the third quarter was up 4% from a year earlier, that pace of growth trailed other megabanks.Like its peers, Bank of America is seeing the benefit of higher interest rates. It is just happening in slower motion.This copy is for your personal, non-commercial use only.

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