Bank of America expects to outperform industry in Q3 investment banking fees
Bank of America, one of the largest U.S. banks, said on Monday that it expects to do slightly better than the industry average in terms of investment banking fees for the third quarter of 2023. The bank’s chief financial officer, Alastair Borthwick, made the remarks at the Barclays Financial Services Conference. Industry fee pool down 30%-35% year-on-year Borthwick said that the investment banking fee pool for the industry is down…










