Business News

Bank of America Beats Q1 Estimates with Strong Interest Income and Trading Gains

  • April 15, 2025
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Bank of America’s First-Quarter Financial Performance Bank of America has posted an impressive set of first-quarter results, surpassing analysts’ expectations with better-than-anticipated profit and revenue figures. The bank’s strong performance was fueled by higher-than-expected net interest income and trading revenues. Earnings per Share (EPS): 90 cents vs. 82 cents per share (LSEG estimate) Revenue: $27.51 […]

Indian bankers collect bumper fees from record $18 billion in IPOs US

US economy returns to pre-pandemic size, grows 1.6% in Q2

By Administrator_India Capital Sands The US economy grew solidly in the second quarter (Q2), pulling the level of gross domestic product (GDP) above its pre-pandemic peak, as massive government aid and vaccinations against Covid-19 fueled spending on goods and travel-related services. GDP, the broadest measure of economic output, grew 1.6 per cent in Q2, the commerce department said […]