Speaking at the Barclays Global Financial Services Conference, Bank of America (BAC) CFO Alistair Borthwick stated: “When it comes to investment banking, the investment banking fee pool is up 10% to 15%. I think we’ll be kind of in line with that. Maybe we do slightly better, but we need to see. We haven’t, we’re not finished yet with September, but I would think we’re going to have a good investment banking quarter this quarter. And then in terms of Global Markets, Jim wants to put up a fourteenth consecutive quarter. Right now, we think that will be kind of up mid single digits year over year. So that’s what we’re driving towards. So pretty good fee growth in the core fee areas. It remains a good fee environment for us.”
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