Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CNBC

What happened

The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.

Key facts

  • Reported by CNBC and published Mon, 14 Sep 2026 18:39:08 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

  • Revisions to the initial figures once fuller data is released
  • How rate expectations and index futures respond
  • Guidance or commentary from the companies and policymakers involved

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. ‘All of us are going to pay’: 30% of Americans are taking out BNPL loans to pay for groceries, and it’s probably going to cost you

  2. Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide

Sources

The original report was published by CNBC. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CNBC

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