Investment-banking fees jumped 43% to $1.69 billion in the fourth quarter, according to a statement Thursday. Net interest income also rose in the quarter, climbing 3% to $14.4 billion.

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Bank of America Q4 net income hit $6.7B, EPS of $0.82 beats estimates; revenue rose 15% YoY to $25.35B, driven by fee income growth. Investment banking fees jumped 44%, efficiency ratio improved ...

Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income. The company said fourth-quarter profit ...