Bank of America CEO Brian Moynihan addresses recession fears, strengths of economy at Bernstein conference

The Business Journals

Bank of America CEO Brian Moynihan isn't one to panic, even as bank executives become increasingly worried about the possibility of a recession.

#ceo #bankexecutives

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MarketsBy James Comtois25 May

Brian Moynihan: Consumers Are In Good Shape

Despite high inflation and supply chain issues, U.S. consumers are spending more while paying down their credit cards, according to Bank of America Corp. CEO...

#goodshape #ceo #pandemic #economy #portfolio

MarketsBy James Comtois25 May

BofAs Brian Moynihan: Consumers Are In Good Shape

Despite high inflation and supply chain issues, U.S. consumers are spending more while paying down their credit cards, according to Bank of America Corp. CEO...

#goodshape #ceo #pandemic #economy #portfolio

Business / FinanceBy Hugh Son24 May

Bank of America CEO Brian Moynihan says nothing will slow U.S consumer from spending money

Key Points Consumers are in good shape, not overleveraged, Moynihan, CEO of the second biggest U.S. bank by assets, told Bloomberg Television from Davos,...

#ceo #brianmoynihan #pandemic #inflation #policy

Business / FinanceBy The Motley Fool27 May

What Bank of America's CEO Says About Inflation and Consumer Spending -- And Why You Should Care

Experts across industries can give investors a good idea of where the economy's heading. In an interview with CNBC this week, Bank of America (NYSE: BAC) CEO...

#ceo #economy #nyse #guidance #pandemic

CryptocurrenciesBy Kevin Helms31 May

Bank of America CEO: We Have Hundreds of Blockchain Patents But Regulation Won’t Allow Us to Engage in Crypto

The CEO of Bank of America says that his bank has hundreds of blockchain patents but regulations will not allow it to engage in crypto. “The reality is that...

#ceo #blockchain #cryptocurrency #finance #technology

EconomyBy Krystal Hur23 May

Bank balances surged during Covid even as pandemic-era stimulus ended, BofA CEO says

Key Points Bank of America's account holders saw strong growth in their balances during Covid, CEO Brian Moynihan told CNBC. Moynihan said predicted that...

#ceo #bankbalances #pandemic #government #business

EconomyBy Bloomberg24 May

US Consumers Are Holding Up Well Against Inflation,BofAs Moynihan Says

Bloomberg. Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview on day two of the World Economic Forum...

#bloomberg #nyse #pandemic #ceo #tvinterview

Business / Finance23 May

Bank of America ups minimum wage to $22 per hour as next step to 2025 goal

The wage hike is part of BofA's plan to increase the minimum wage to $25 per hour by 2025, a goal CEO Brian Moynihan announced about a year ago. BofA said...

#ceo #MinimumWage #wagehike #brianmoynihan

MarketsBy Nicole Goodkind12 May

Not all recessions are the same. Here's what could happen to the economy and markets

New York (CNN Business) Economists, CEOs, Wall Street and Main Street are sounding the recession alarm bell. Most agree a recession could start to take shape...

#ceo #energy #investment #wallstreet #economicdownturns

MarketsBy Stefan Gleason20 May

Big Banks Call For Recession And Possible Stock Market Crash

By Mike Gleason The converging forces of price inflation and economic contraction continue to weigh on asset markets. The Dow Jones Industrials got clobbered...

#dow #gold #silver #ceo #economy

MarketsBy Investing Com23 May

U.S. Stocks Open Higher as Investors Try to Shake Off Last Week's Losses

#reuters #pandemic #dow #president #ceo

EconomyBy Elliot Smith 6 May

'We see a big recession in the making': Top CEOs are fearing the worst in Europe

Key Points The euro zone faces concurrent economic shocks from the war in Ukraine and a surge in food and energy prices exacerbated by the conflict, along...

#policy #technology #bloomberg #president #topceos

Business / FinanceBy Wayne Duggan10 May

Despite Recession Fears, This Indicator Says The US Economy Is Booming

Zinger Brief The cumulative impact of Federal Reserve rate hikes will start to seriously weigh on parts of the economy by the beginning of next year, a Bank...

#economy #etf #tradingideas #recessionfears #reservetightening

EconomyBy Reuters15 May

Ex-Goldman CEO Blankfein says recession possibility is 'very high risk factor'

Reuters. FILE PHOTO: Lloyd Blankfein, CEO of Goldman Sachs, speaks at the Boston College Chief Executives Club luncheon in Boston, MA, U.S., March 22, 2018....

#ceo #reuters #nyse #economy #government

Business / FinanceBy Pr Newswire 5 May

Business and Public Health Leaders Call for Stronger Action on Workplace Mental Health

Bank of America CEO Brian Moynihan and other C-suite executives discuss how to build a supportive workplace culture, center equity in mental health programs...

#strongeraction #healthleaders #MentalHealth #ceo #equity

Business / FinanceBy Jordan Stutts23 May

BofA hikes minimum wage to $22 amid labor market pressure

Bank of America is speeding up plans for its next minimum-wage increase as it navigates a tight labor market for financial services workers. Hourly workers...

#bloomberg #ceo #inflation #MinimumWage #Bofa

CryptocurrenciesBy Kevin Helms17h

Soros Fund’s CEO: Recession Is Inevitable and Crypto Is Here to Stay

Soros Fund Management’s chief executive and chief investment officer, Dawn Fitzpatrick, says cryptocurrency is here to stay and it’s already gone mainstream....

#ceo #cryptocurrency #economy #bloomberg #business

MarketsBy Tsvetana Paraskova22 May

Oil Market Fears Recession More Than Tight Fuel Inventories

The oil market wrapped up another volatile week of hectic trading, swinging up and down in a $5 a barrel range as it was pulled between bullish and bearish...

#fuelinventories #president #reuters #gas #pandemic

Business / FinanceBy Hamish Mcrae 7 May

HAMISH MCRAE: We won't have a recession

Sink or swim?: Is the UK really likely to go into recession? The Bank of England has woken up at last. For months, the rising danger that inflation might...

#equity #money #policy #pandemic #lockdown

Business / FinanceBy Lucy White 6 May

Global markets in meltdown as recession fears mount

Global markets were plunged into chaos last night after central banks ramped up their fight against inflation. On a bleak day for the economy, the Bank of...

#economy #analysis #forecast #dow #money