Wednesday 20, July 2011 by

$8.8 billion loss for Bank of America

Bank of America has reported a net loss of $8.8 billion for the second quarter of 2011, compared with net income of $3.1 billion in the year-ago period. Excluding certain mortgage-related items and other selected items, net income was $3.7 billion in the second quarter of 2011.

Features & Analyses

Investment Banking Growth amidst uncertainty

Banker Middle East sat down with Ahmed Saud Ghouth, Chief Executive Officer of Alkhabeer Capital, to talk about the firm’s seven… read more