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Bank of America wealth unit net income surges 34% in Q1

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The Global Wealth and Investment Management  arm of Bank of America  has reported a net income of $1.03bn for the first quarter of 2018, a jump of 34% compared to $773m in the previous year. The division’s total revenue for the quarter ended 31 March 2018 was $4.85bn, up 6%…

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