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H2O Asset to reinstate entry fees for some funds

H2O Asset Management, part of French bank Natixis , plans to start charging clients again to join some of its funds, it said on Friday, after suspending fees in an effort to attract business after an outflow of client cash.

Bank of America trims net interest income guidance

Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender reported higher-than expected earnings fueled by strong consumer trends.

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