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http://beta.aalf.org/wiki/index.php?title=FrazierDinger617a&action=history Revision history for this page on the wiki en MediaWiki 1.13.3 Sun, 01 Nov 2026 22:29:56 GMT http://beta.aalf.org/wiki/index.php?title=FrazierDinger617a&diff=21774&oldid=prev <p>New page: Bank of America has reported a $2bn (�1.2bn) profit for the three months to the end of 2011, compared with a $1.2bn loss in the same period in 2010. It signals continued recovery for th...</p> <p><b>New page</b></p><div>Bank of America has reported a $2bn (�1.2bn) profit for the three months to the end of 2011, compared with a $1.2bn loss in the same period in 2010.<br /> <br /> It signals continued recovery for the US' second biggest lender.<br /> <br /> For the full year, the company reported net profits of $1.4bn compared with a net loss of $2.2bn in 2010.<br /> <br /> Meanwhile Morgan Stanley, the world's largest broker, reported a fourth-quarter loss of $250m compared with a profit of $836m a year earlier.<br /> <br /> Despite the loss, the results at Morgan Stanley beat analysts' expectations since it was able to increase its share of the equity trading market in the period.<br /> <br /> For the full year, Morgan Stanley said its net revenues were $32.4bn compared with $31.4bn in 2010.<br /> <br /> Recent results from American banks have been mixed with Goldman Sachs announcing on Wednesday that it made 47% less in profits than in 2010 whilst Citigroup posted a 6% rise on the previous year.<br /> <br /> Bank of America chief executive Brian Moynihan said: &quot;We enter 2012 stronger and more efficient after two years of simplifying and streamlining our company.&quot;</div> Tue, 13 Mar 2012 00:37:43 GMT FrazierDinger617a http://beta.aalf.org/wiki/index.php?title=Talk:FrazierDinger617a