Bank of America Q2 earnings better than market expectation

Bank of America, the third biggest bank in the US, announced that its Q2 profit hit US$2.02 bln, slightly backpedaling 1.9% dragged by the bad and doubtful debts. Per share earnings stood at US$1.24, better than the market expectation of US$1.18 and the figure of last year. Bank of America picked up US$1.13 to US$61.38.

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