Overseas Headlines – April 18, 2023
April 18, 2023 United States: BofA Tops Estimates as Fixed-Income Traders Fuel Profits Bank of America Corp. first-quarter profit beat estimates after its fixed-income traders delivered a windfall large enough to cover the rising cost of the bank’s souring loans. Revenue from fixed-income, currencies and commodities trading unexpectedly rose almost 30% to $3.4 billion