Listen: Bank Of America, Sandler O'neill And David Westin discussed on Bloomberg Best
"Bank of America's consumer bankers outdid their collies and trading for the second quarter in a row as the company leaned on retail lending to generate record profit June net interest income at the consumer unit. Climb nearly ten percent in the first three months of twenty nine thousand nine from your earlier, despite this the Bank of America fell in New York trading today after it said the interest rate boost that lifted first quarter earnings is likely to fade over the rest of the year. Jeff Hart, principal and equity research at Sandler O'Neill and Allison Williams, Bloomberg intelligence examined first quarter results from Bank of America with Bloomberg's David Westin and Lisa Abramowicz while you take away for the Bank of America earnings so net interest margin coming in a little bit better than expected to that's a positive for Bank of America. We are going to want to hear about"