TradingKey – Bank of America (BAC) moves into this Sunday with its core consumer and lending businesses performing well, but with the momentum in investment banking and trading slowing down from an exceptional second quarter. The last completed U.S. session available for research was October 8, with the stock closing at $53.61, up 0.17%, but still below the $58 to $59 area from mid-September.
The next major catalyst for Bank of America is the release of third quarter results on Wednesday, October 14. The results are scheduled for approximately 6:45 a.m. ET and the accompanying conference call for 8:30 a.m. ET. What is interesting is the rather even balance in the set-up. On the one hand, the traditional franchise is producing strong NII…






