Bank of America Earnings Uncover Shifts in Consumer Spending
Bank of America(BAC) MarketBeat·2024-10-16 19:30
Earnings season has kicked off, and as usual, the banking and finance sector pushes the envelope first to show investors where the next market trend might be headed. Considering that financial services and markets make up a large portion of the United States economy, investors need to be able to understand what banking earnings mean.When it comes to the sector, there are two main types of banks: investment banks and commercial banks. The former deals more with corporate finance, departments like sales and t ...