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Brian Moynihan says consumers are in a ‘classic’ situation of worrying about money but continuing to spendDespite consumer concerns about finances, spending remains strong, said Bank of America CEO Brian Moynihan. While tariff threats may slightly lower GDP forecasts, Bank of America expects steady 2% ...
Bank of America’s chief executive, Brian Moynihan, said consumers are still spending despite polls that show people are worried about the economy. “The economy is still growing and our ...
Moynihan said that both businesses and consumer clients are doing well in the face of uncertainty. Read Next: Tariff Fears Pose ‘Material Risks’ To US And Global Economies, Goldman Sachs CEO ...
CEO Brian Moynihan noted that the ... Despite the strong performance, Moynihan noted during the banks’ earnings call that consumer spending remains resilient and there are signs that the economy ...
Capital One Financial Corp., the lender set to acquire rival Discover Financial Services, posted higher first-quarter profit ...
Bank of America BAC Chief Executive Brian Moynihan said consumers continue to spend while maintaining healthy credit profiles, but, he warned, “We potentially face a changing economy.” ...
Bank of America BAC.N shareholders voted on Tuesday to approve pay packages for CEO Brian Moynihan and the lender's top executives, and also elected its 14 directors on the board.
Bank of America CEO Brian Moynihan weighed in on President Donald Trump’s new auto import levies, how consumers are reacting to the administration’s tariffs and the bank’s expectations about ...
In a conference call detailing BofA's first quarter earnings, CEO Brian Moynihan ... consumer credit and home equity. One analyst asked why this comparison was necessary. "Why we're trying to give you ...
NEW YORK (Reuters) -Bank of America shareholders voted on Tuesday to approve pay packages for CEO Brian Moynihan and the lender's top executives, and also elected its 14 directors on the board.
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