Brian Moynihan news and trends

The Stablecoin Market Is $220 Billion. Are Businesses Actually Using Them?
Cryptocurrency // March 17, 2025

For years, stablecoins served as the backbone of cryptocurrency trading, providing liquidity and stability in crypto’s famously volatile markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

BofA CEO: Over-Regulation Bars Customers From Banking System
Banking // February 25, 2025

Another big bank CEO says that claims about politically motivated “debanking” are unfounded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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

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 with them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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

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 consumer sales made through digital channels, up from 49% a year ago. And 78% of all households signed up with...

Interviews & Exclusives
Consumer Resilience Buoys Big Banks, but CEOs Remain Cautious

April 16, 2025
In a quarter overshadowed by tariff discussions and global economic jitters, three of the nation’s largest financial institutions — PNC, Citigroup, and Bank of America — presented first-quarter earnings Tuesday (April 15) that pointed to both lingering uncertainties and resilient consumer spending. Get the Full Story Complete the form to unlock this article and enjoy […]

Bank of America CFO Says Biggest Q4 Story Is in Deposits

January 16, 2025
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 consumer sales made through digital...

Quick Reads
BofA CEO: Over-Regulation Bars Customers From Banking System

February 25, 2025
Another big bank CEO says that claims about politically motivated “debanking” are unfounded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Trump Says Banks Shouldn’t Refuse to Do Business With Conservatives

January 23, 2025
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 with them. Get the Full...

BofA CEO: Consumers Could Sour Without Interest Rate Cuts

August 11, 2024
American consumers could become disheartened if the Federal Reserve doesn’t cut interest rates soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bank of America CEO: Consumers, Businesses Pulling Back on Spending

May 30, 2024
Brian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened consumer and business spending this year. Get the Full Story Complete the form to unlock...