Bank of America Q4 Earnings Call Highlights
Total revenue was 10.4 billion coming from sales and trading, investment banking, and asset management fees. Borthwick said those market-facing areas grew 10% year over year in the aggregate.Borthwick attributed the NII improvement to several factors, including loan and deposit growth, asset repricing as higher-yielding loans replaced maturities and paydowns, and a shift in global markets activity that moved more revenue into NII rather than fees compared with the third q ...