Bank of America profit doubles in Q1 to $8.1 billion

BANK OF AMERICA earned a $8.1 billion profit int he first quarter of 2021. / AP FILE PHOTO/JOHN BAZEMORE
NEW YORK (AP) — Bank of America's profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its loan-loss reserves that it originally set aside in the early days of the pandemic. Bank of America is the latest of the big banks to say it…

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