Asked during the RBC Capital Markets Global Financial Institutions Conference about how investment banking activity is shaping up this this quarter, Bank of America CFO Alastair Borthwick said, according to a transcript: “Yes, I think we feel good about how both have opened up the year. When we look at the investment banking side, we’ve had better capital markets activity. I think you can see that just in the deal flow. You can see it in the league tables. I’d expect us to participate in that. So at this point, we’re — I’d expect our investment banking to be up year-over-year, 10% to 15%, something like that at this stage.”
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