Bank of America’s lending business gets jolt off higher rates

BANK OF AMERICA reported a net of Net income of $7.2 billion in the third quarter. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI
BANK OF AMERICA reported a net income of $7.2 billion in the third quarter. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI
NEW YORK - Bank of America Corp. got another boost from rising interest rates in the third quarter. The firm’s lending business produced the most…

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