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BofA Q1 has bad mtge. hangover

Bank of America’s revenue fell across almost all its businesses in the first quarter, and the bank was hit yet again by mortgage-mess cleanup costs, showing the difficulties Chief Executive Brian Moynihan faces in moving past the housing crisis.
Many of the bank’s revenue generators — including consumer banking… …read more
Source: NY Post

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Posted by on April 18, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.