Bank of America profits jump six-fold

... The bank also reported lower revenues and profits in its consumer real estate services division due to lower mortgage banking income. "We reduced non-interest expense by nearly $1 billion year-over-year, and credit costs continued to decline," he ...

http://au.news.yahoo.com/thewest/business/a/-/world/16781506/bank-of-america-profits-jump-six-fold/