The Good and the Bad in Bank of America's 2Q Results
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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant factor contributing to Bank of America's strong quarter?
Reduction in loan defaults
Improvement in investment banking and trading
Expansion of international operations
Increase in consumer banking fees
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Bank of America's equity trading revenue perform compared to its fixed income?
Equity trading revenue increased by 7.6%
Equity trading revenue increased by 22%
Equity trading revenue remained flat
Equity trading revenue decreased by 7.6%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which area of trading is more significant for Bank of America?
Commodity trading
Fixed income trading
Equity trading
Foreign exchange trading
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the trend in Bank of America's consumer banking provisions?
Provisions increased by 37%
Provisions remained unchanged
Provisions decreased by 37%
Provisions increased by 7.6%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Bank of America's year-over-year earnings per share and revenue compare?
They were significantly higher
They were slightly lower
They were flat
They were significantly lower
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