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Financial reform bill puts Bank of America in the red this quarter

  • $7.3 billion in quarterly losses for Bank of America
  • $10.4
    billion
    the size of the company’s one-time charge the company will take due to fees caused by the Dodd-Frank financial reform act
  • $3.1
    billion
    the size of the company’s net income otherwise, which beat estimates; they plan to be more transparent about fees in the future source
October 19, 2010 // 9:43 // 4 years ago
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