https://www.live-feeds.com/feed/bank-of-america-ceo-sparks-bank-stock-selloff-with-one-small-wordContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bank-of-america-ceo-sparks-bank-stock-selloff-with-one-small-wordhttps://www.live-feeds.com/feed/bank-of-america-ceo-sparks-bank-stock-selloff-with-one-small-word#u70083Wed, 16 Sep 2026 09:25:25 +0000Bank of America shares dropped significantly following cautious third-quarter financial guidance from Chief Executive Officer Brian Moynihan. Moynihan projected that investment banking fees will decline by more than 10 percent, falling into a range of $1.6 billion to $1.8 billion for the quarter. Meanwhile, trading revenue is anticipated to remain relatively flat compared to the previous year. This weak outlook from a major financial institution dragged down the broader financial services sector and triggered a broader selloff in bank stocks.Why it mattersInvestment banking fees and trading re