Bank of America's profits shot up by 19 percent in the second quarter of the year as it cashed in on theThe nation's second biggest bank was bolstered by an influx of wealthy customers who fled to the so-called 'too big to fail' firm following the collapse of (SVB). It comes just one week after after it was found to have illegally charged customers junk fees, withheld promised rewards and opened fake credit card accounts without holders' consent.
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