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KM Financial Solutions | Bank of America puts investments over cost cuts as ‘operating leverage’ fades
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Bank of America puts investments over cost cuts as ‘operating leverage’ fades

15 Oct Bank of America puts investments over cost cuts as ‘operating leverage’ fades

Posted at 15:57h in News by
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For the first time in nearly
five years, Bank of America Corp did not rely on cost
cuts to amplify profits – the latest sign of big U.S. banks
prioritizing investments in their businesses over short-term
gains.

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