Bank of America quarterly revenue slips but earnings top expectations
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(Reuters) - Bank of America Corp missed revenue expectations in the first quarter but its earnings still beat forecasts as the bank chopped its expenses and expanded its loan book.The company, the second-biggest U.S. bank by assets, followed rival domestic lenders by struggling to generate top-line growth in the latest quarter and suffered from a decline in trading revenue.The bank's shares were down 0.6 percent at $29.65 in pre-market trading. Lower market volatility and its negative impact on..