Key Takeaways BAC expects Q2 IB fees to fall over 20% YoY due to weak deal-making amid tariff-related headwinds. Trading revenues are projected to rise in mid-to-high single digits, marking a 13th straight YoY increase. Solid trading, 43% of BAC's fee income, is likely to offset IB pressure, lifting non-interest income 2% in Q2.At Morgan Stanley US Financials, Payments & CRE Conference on Wednesday, Bank of America (BAC) CEO Brian Moynihan warned of weakness in investment banking (IB) fees in the second q ...