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Bank of America CEO Brian Moynihan evaluates the state of the U.S. economy, trade and tariffs on ‘Special Report.' ...
The company's board credited CEO Brian Moynihan with growing its net income 2.3% last year and boosting revenue 3.4%.
Fueled by growing deposits and a boost in sales and trading revenue, Bank of America’s first-quarter profit blows past Wall ...
Additionally, banks are underwriting much better loans than before the Great Recession and generally require much more equity from borrowers. Wealth management loans have more than doubled, while ...
That’s not to say they won’t be affected. “Banks are a cork in the ocean when it comes to the economy,” JPMorgan Chase & ...
Bank of America reported a first-quarter rise in profits and revenue driven by robust trading results, becoming the latest big bank to benefit from the market volatility surrounding President Trump’s ...
Officials at the Charlotte-based bank essentially divided their First Quarter earnings call Tuesday into talking about the ...
Risks are mounting but, overall, the economy is still in a good place, according to Bank of America CEO Brian Moynihan.
As tariff turbulence continues, BofA is predicting a slowdown, not a downturn. But America's second-largest bank is also ...
Bank of America's earnings were $7.4 billion, or 90 cents per share, in the quarter ended March 31, the bank, led by Brian ...