Bank of America posts $4.1 billion profit in third quarter

(Before It's News)

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The banking industry must *love* best bud Obama: Bank of America posts $4.1 billion profit in third quarter | 14 Oct 2015 | Bank of America reported a profit for the third quarter, helped by lower borrowing costs and legal expenses. The Charlotte-based bank said Wednesday that it earned $4.1 billion, or 37 cents a share, for the July-September period. Earnings at the company's consumer banking division, by far its biggest business [consumer rip-offs], climbed 5 percent.

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