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Bank of America 2Q profits jump 33 percent due to tax law

NEW YORK (AP) — Bank of America is reporting a 33 percent jump in second-quarter profits as it cut expenses and benefited from the new tax law. The banking giant, based in Charlotte, North Carolina, said Monday it earned .78 billion, or 63 cents per share, up from .75 billion, or 44 cents a share, […]...

 

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