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Investment banking fees at Bank of America rose to $1.1bn in the final quarter of 2023

Bank of America has kicked off a closely-watched earnings season for Wall Street's biggest banks with an overall uptick in investment banking fees.

Total investment banking fees at the lender rose 7% to $1.1bn in the final quarter of 2023 compared with the same period last year, holding third place in the league tables.

Bank of America sees M&A fees slide again as debt deals prop up investment bank

FN Staff

Bank of America

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