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KM Financial Solutions | UPDATE 3-Bank of America gives dour economic outlook, profit falls
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UPDATE 3-Bank of America gives dour economic outlook, profit falls

14 Apr UPDATE 3-Bank of America gives dour economic outlook, profit falls

Posted at 15:27h in News by
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Bank of America Corp reported a
48.5% drop in first-quarter net income on Wednesday, warning
that it anticipated a recession because of the novel coronavirus
and setting aside an additional $3.6 billion to cover potential
losses.

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