Add Bank of America to the List of Successful Traders in the First Quarter

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Looks like Goldman and JPMorgan traders aren’t that remarkable after all. Bank of America scored positive net revenue on its trades every single day last quarter. Here’s the breakdown:

Revenue was more than $25 million 95 percent of the trading days in the first quarter, with the firm chalking up gains of over $125 million on 16 trading days between $75 million and $100 million on another 16 days. BofA said the gains were due to “more effective positioning” and “market conditions.”

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