‘The industry weathered the storm' of bank failures in a difficult 2023, says Bank of America Chief Executive Brian Moynihan

“The rest of the industry weathered the storm and then got back on its feet. And you’re seeing it grow again. And that goes to show you that 15 years plus after the financial crisis we’ve kind of figured out the right balance between capital liquidity, what you can do in a bank, what you can’t do in a bank and getting it all straight. ”That’s Bank of America Corp. Chief Executive Brian Moynihan, who said Wednesday the bank is steering toward more growth in 2024 after the industry managed to navigate the fai ...