Bank of America Q1 profit drops 36% as revenue slides

Big write-downs related to mortgage problems and new banking rules last year have weighed on BofA's bottom line in recent quarters

Bank of America Corporation's first-quarter profit fell 36% as it set aside less for potential loan losses but revenue tumbled.

Shares dipped 2 cents to $13.11 in recent premarket trading.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink