May 30, 2018 / 9:05 PM / 25 days ago

Bank of America CEO sees Q2 markets revenue flat vs year earlier

NEW YORK, May 30 (Reuters) - Bank of America Corp Chief Executive Brian Moynihan said second-quarter markets revenue from sales and trading will likely be flat compared with a year earlier, depending on what happens in June.

Speaking at an investor conference on Wednesday, Moynihan also said the bank will continue to benefit from using share buybacks to dispose of excess capital because its stock "is still cheap." (Reporting by David Henry and Imani Moise in New York; Editing by Meredith Mazzilli)

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