Sunday March 29, 2020

Boardroom Briefing

Bank of America hit by legal costs

20th July, 2014

Bank of America hit by legal costs

Net income at Bank of America dropped substantially for the second quarter of this year, after the bank was hit with massive legal costs.

Last week, the bank reported net income of $2.3 billion for the second quarter of 2014, compared to net income of $4 billion for the same period a year earlier. The 43 per cent decline in net income came after the bank faced a...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago