(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 ...
However, at least one Wall Street analyst sees a silver lining to the update. In the wake of the first-quarter report, Wolfe ...
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 ...
Call it the result of a recession escape that would make Houdini ... can cause some alarm, but CEO Brian Moynihan correctly noted that the banks bond holdings are the result of putting depositors ...
Brian T. Moynihan, chairman and chief executive officer of Bank of America, sat down with Thomas May, chairman emeritus of Eversource Energy, at the November 8 meeting of the Boston College Chief ...
Stocks (^DJI,^GSPC, ^IXIC) opened mixed on Thursday morning as investors begin to price in the idea of interest rate cuts ...
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 ...
Like most, I think a recession is likely to be mild and short ... but Bank of America BAC CEO Brian Moynihan has repeatedly argued that the financial health of consumers is strong.
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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 ...