Bank of America beats profit estimates on stock trading, lending gains
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(Reuters) - Bank of America Corp , the second-largest U.S. bank by assets, beat analysts' estimates for quarterly profit as gains from trading in stocks and robust loan growth helped cushion it from lower interest rates.The lender's shares were up 1.6% in premarket trading as consumer banking showed strength, helping it ride out uncertainties in global financial markets."In a moderately growing economy, we focused on driving those things that are controllable," Chief Executive Brian Moynihan..