BIZ NEWS: Bank of America joins rivals with $3.6B buffer from coronavirus loan defaults - BUSINESS DAILY

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Wednesday, 15 April 2020

BIZ NEWS: Bank of America joins rivals with $3.6B buffer from coronavirus loan defaults


Bank of America joins rivals with $3.6B buffer from coronavirus loan defaults



The buildout in so-called reserves helped drag net income down 45 percent to $4 billion, or 40 cents a share, in the three months through March.

via FOX BUSINESS NEWS https://ift.tt/3bd8L31

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