Bank of America CEO Brian Moynihan warned the US will enter a recession this year, though a downturn is unlikely to be severe. A recession will start in the third quarter then continue through the ...

Brian Moynihan almost revels in being understated. Unlike some of his brasher CEO brethren, Moynihan, chief executive of Bank of America the nation’s second largest bank by assets after JPMorgan ...

SYDNEY, March 7 (Reuters) - Bank of America (BAC.N) Chief Executive Officer Brian Moynihan said on Tuesday the U.S. economy would reach a technical recession starting in the third quarter.