Bank of America (NYSE: BAC ) has a booming investment and corporate banking business built on the back of robust mergers and acquisitions, including hot deals like the pursuit of Hillshire Farms.
What's helping investment and corporate banking -- low rates and even lower volatility -- is hurting the company's trading operations. Rivals Goldman Sachs (NYSE: GS ) and JPMorgan (NYSE: JPM ) have seen trading revenue decline, and continue to warn of lower revenue from FICC-based businesses.
Can Bank of America remain an ever-growing investment banking player? Will the lack of volatility forever ruin the profitability from rates and currency trading?
In the following video, Fool Contributors Jordan Wathen and Patrick Morris join Motley Fool Bureau Chief David Hanson to discuss the ups and downs of Bank of America's investment banking and trading operations.
Warren Buffett: This is a "real threat"
Warren Buffett has staked billions on Bank of America -- a move some considered risky. Buffett didn't think so, but now he actually is scared of a new threat to his bread-and-butter business. Click here to access a FREE investor alert on the company we're calling the "brains behind" the threat.