(The Hill) – Brian Moynihan, the head of Bank of America, said on Sunday that his company plans to slow down its hiring process and predicted that the U.S., would experience a mild recession ...

Despite two years of higher-than-normal inflation and rising interest rates, U.S. consumer spending has remained remarkably ...

NEW YORK: Bank of America Corp chief executive Brian Moynihan says there are signs of the US economy slowing, but his firm still expects a soft landing rather than a recession. “The reality is ...

However, at least one Wall Street analyst sees a silver lining to the update. In the wake of the first-quarter report, Wolfe ...

The latter says the U.S. will enter a "mild recession." Deposits at some of ... Bank of America Chairman and CEO Brian Moynihan reveals timing of an economic slowdown. Bank of America's minimum ...

The largest Bank of America owner is Warren Buffett's Berkshire Hathaway, with a stake of about 13%. Institutional investors ...

Bank of America Corp. (NYSE: BAC) is being urged to separate its CEO and chairman roles held by Brian Moynihan, according to an April 5 report by proxy advisers Glass Lewis and Institutional ...

In fact, CEO Brian Moynihan said on Wednesday that the bank ... like Citigroup, landing once the recession has passed: $10 billion to $13 billion in quarterly pre-tax, pre-provision income ...

Bank of America CEO Brian Moynihan on Monday said the firm is preparing for the U.S. to default on its debt after surpassing its borrowing limit last month. Lawmakers are locked in talks about ...

Bank of America Chief Executive Officer Brian Moynihan has been vocal about the ... spending and a firm economy that will stay out of a recession. Although the growth of delinquencies slowed ...