Bank of America marked loses trading for only three days in 2012.
From the just released financial reports “during the three months ended June 30, 2012, positive trading-related revenue was recorded for 95 percent, or 60 of the 63 trading days of which 75 percent (47 days) were daily trading gains of over $25 million and the largest loss was $11 million.”
These developments are not astonishing to some of the binary option traders and analysts, who believed that B. of America with or without Merril Lynch will have troubles.