From Yahoo Finance.: 2025-06-11 11:26:00

Bank of America CEO Brian Moynihan predicts mid-single-digit trading revenue growth for the 13th straight quarter, but investment banking fees are expected to drop to $1.2 billion. Despite market turmoil from Trump’s tariffs, banking executives are optimistic about a recovery in investment banking. Moynihan reaffirmed the bank’s guidance for growth in net interest income and expects earnings per share to rise. BofA is also exploring stablecoin development while awaiting federal legislation on stablecoin rules. Big U.S. banks are cautiously considering expanding into cryptocurrencies, focusing on pilot programs and partnerships.



Read more at Yahoo Finance.: BofA CEO expects trading gains for 13th straight quarter while investment banking slips