Brian Moynihan News
12.08 / 19:47
22.03 / 15:43
12.08 / 21:37
markets
CEO
economy
WhatsApp
Research
country
reports
U.S economy is not heading for a recession, says Bank of America CEO
Bank of America, Brian Moynihan, has said that he has not seen a recession on the horizon of the US economy, reports 'The Hill'. Participating in CBS’s Margaret Brennan on “Face the Nation” Sunday, he tried to defend Joe Biden and the Federal Reserve by indicating that they have managed a “soft landing” for the US economy after inflation troubles in recent years.
02.08 / 14:21
25.07 / 13:21
14.03 / 11:41
markets
UPS
wellness
Trade
reports
Department
shock
compliance
Morning Coffee: Bank of America's big salary and bonus generosity. Compliance job nightmare
There have been mixed reports of bonuses at Bank of America. While some people there were pleasantly surprised, others are said to have had aCiti-esque shock. At the top of the investment bank, however, all was well.
24.01 / 15:48
UPS
Art
Instagram
Inside
Department
International
Bank of America's cuts: "Compensation expectations have been butchered"
If you're looking for a way to moderate bonus expectations ahead of a tight bonus round, it helps to make people focus on something else. Like actually having a job.
24.01 / 15:48
UPS
Reuters
CEO
Pool
performer
reports
Surprise as Bank of America cuts jobs three days before bonuses
Bank of America is cutting jobs.Headhunters told us yesterday that cuts were coming at the bank, and both Financial News and Reuters are reporting today that people have gone. The cuts are being made on the cusp ofbonus announcements, which are due this Friday.
18.01 / 15:21
markets
UPS
Fox
CEO
economy
Interviews
NOT
Full effect of Fed rate hikes have not been seen, Bank of America CEO warns
Bank of America CEO and Chairman Brian Moynihan discusses the Fed's rate hikes, 2024 consumer strength and big bank regulation.
12.01 / 12:31
08.12 / 15:53
Digital
CEO
Strategy
Solomonic
track
consequences
2024
Morning Coffee: Bank of America traders are having their best Christmas ever. What Wall Street CEOs already hate about 2024
“It’s the most wonderful time of the year (against a very undemanding base for comparison”. Although investment banks, by and large, do not party like they used to, the festive season still means a lot more socialising, difficulty getting calendars in sync and an unwillingness on the part of clients to do anything that might complicate their year end. Consequently, December is a month in which, notoriously, not much happens.
29.11 / 16:35
Apple
Investment
Berkshire Hathaway vice chair Charlie Munger dies aged 99
Charlie Munger (pictured) has died at the age of 99.
19.10 / 06:11
UPS
Citi
Lowe's
Strategy
reports
500
Bank of America cut 7,500 jobs and no one noticed
When the banking job cuts of 2023 are reflected upon by generations to come, the cuts at Bank of America are unlikely to be remembered. It's Credit Suisse, Morgan Stanley, Goldman Sachs and Citi that have made the most noise about trimming heads in 2023. But it's Bank of America that has quietly cut the most.
19.10 / 06:11
UPS
Lowe's
CEO
performer
Inside
Morgan Stanley, BofA have the same problem: no one's leaving
2023 has been a funny year in investment banks. After a poor bonus round for 2022, it might have expected that people would move in search of more lucrative seats. Instead, 2023 has been characterized by fear of moving into a new role.
17.10 / 19:34
COST
CEO
economy
pandemic
Bank of America profits jump 10% but warns of slowing spending by Americans
Bank of America posted a 10% rise in third quarter profits, helped by higher interest rates that allowed the bank to charge more for loans while keeping the bank’s expenses under control
17.10 / 17:57
17.10 / 11:25
UPS
CEO
economy
Q3
Bank of America posts top and bottom line beats in Q3
Bank of America (NYSE:BAC) shares gained modestly following the banking giant's third quarter results that beat on the top and bottom lines.
17.10 / 11:21
18.07 / 21:07
18.07 / 18:01
18.07 / 17:11
COST
CEO
JPMorgan
Citigroup
surges
Bank of America Q2 net income surges 19%
bank failures. The Federal Reserve has raised its benchmark interest rate to a range of 5% to 5.25% from near zero starting in March 2022. Those higher interest rates have allowed banks to charge more for customers to borrow. BofA’s net interest income grew 14% to $14.2 billion in the second quarter.
facts about Brian Moynihan
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