Brian Moynihan

Trump Says Banks Shouldn’t Refuse to Do Business With Conservatives
Trump Says Banks Shouldn’t Refuse to Do Business With Conservatives
January 23, 2025  |  Politics

President Donald Trump said Thursday (Jan. 23) that he has heard complaints from conservatives that Bank of America and other banks will not do business...

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Bank of America CFO Says Biggest Q4 Story Is in Deposits
Bank of America CFO Says Biggest Q4 Story Is in Deposits
January 16, 2025  |  Earnings

Bank of America’s fourth quarter earnings, released Thursday (Jan. 16) indicated continued momentum in the digital shift that has now resulted in 61% of its...

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BofA CEO: Consumers Could Sour Without Interest Rate Cuts
BofA CEO: Consumers Could Sour Without Interest Rate Cuts
August 11, 2024  |  Consumer Finance

American consumers could become disheartened if the Federal Reserve doesn’t cut interest rates soon. That’s according to Bank of America CEO Brian Moynihan, who made...

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Bank of America CEO: Consumers, Businesses Pulling Back on Spending
Bank of America CEO: Consumers, Businesses Pulling Back on Spending
May 30, 2024  |  Economy

Brian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened consumer and business spending this year. From hardware to software,...

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Bank of America CEO: Consumers Show Spending ‘Resilience’
Bank of America CEO: Consumers Show Spending ‘Resilience’
May 14, 2024  |  Economy

Bank of America’s CEO says consumer spending is still healthy despite steep interest rates. Spending has risen between 3% and 4% this month compared to a year ago, Brian...

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Bank of America: 1Q Zelle Volumes Surge 26% to $106 Billion
Bank of America: 1Q Zelle Volumes Surge 26% to $106 Billion
April 16, 2024  |  Earnings

Bank of America’s first quarter results took note of continued use of digital channels in banking — and for payments, too. The bank recorded 3.4...

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Bank of America CEO Brian Moynihan Says Economy Has Normalized
Bank of America CEO Brian Moynihan Says Economy Has Normalized
December 05, 2023  |  Economy

Bank of America CEO Brian Moynihan said Tuesday (Dec. 5) that there are signs of the economy slowing down but expressed optimism that it will experience a soft...

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Bank of America CEO Predicts Soft Landing for US Economy
Bank of America CEO Predicts Soft Landing for US Economy
November 08, 2023  |  Economy

Bank of America CEO Brian Moynihan is reportedly optimistic about the U.S. economy and the bank’s growth prospects. Speaking Wednesday (Nov. 8) at the Reuters NEXT conference, Moynihan said he...

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Bank of America Says Zelle Transactions Climb 27% Year Over Year
Bank of America Says Zelle Transactions Climb 27% Year Over Year
October 17, 2023  |  Banking

Bank of America’s earnings showed a continued surge in P2P volumes, as Zelle transactions climbed double digits, measured year over year. As noted in presentation materials...

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