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

CNBC FinanceMonday, September 14, 2026 at 8:34 PM

RedScroll Brief

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.

RedScroll Signal

Impact
High
Category
Business
Market relevance
High
Why it matters
Corporate and market moves reprice risk and reveal where power and cash are concentrating. 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. Investors will watch earnings, rates, and competitive positioning connected to Bank and America.

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

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.

Why it matters

Corporate and market moves reprice risk and reveal where power and cash are concentrating.

Background

CNBC Finance reported on this under business. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. CNBC Finance published: Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Investors will watch earnings, rates, and competitive positioning connected to Bank and America.

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Source

CNBC Finance

Original reporting by CNBC Finance. RedScroll provides an extractive briefing only.