UPDATE 3-Bank of America sets new cost target under pressure from low rates

[ahlam1399]

UPDATE 3-Bank of America sets new cost target under pressure from low rates

UPDATE 3-Bank of America sets new cost target under pressure from low rates
July 18 (Reuters) - Bank of America Corp reported a19-percent drop in second-quarter profit on Monday and set a newexpense target as growth in businesses from lending to tradingfailed to offset...

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