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BofA CEO Moynihan on Economic Outlook, AI and Fed Rate Cuts
Youtube· 2025-12-22 19:33
It's been a very strong year for the markets, by the way. A very strong year for Bank of America in the markets. The economy has done well, not as well, perhaps, as the markets might indicate.Do you think the economy is in better shape because the markets are really over predicting what's going on. Look, as you look at our team, we have a great research team. As you know, David, their projection for 26 is a strong economy, 2.4% U.S. GDP growth.And that's strong not only on a relative basis to trend above 2% ...
BofA’s Tech Chief Says AI Delivers Returns for the Bank
Bloomberg Technology· 2025-08-20 19:51
There is more nuance to that MIT report than the market is giving credence to. Basically, it's saying, look, if you just try to make it up and perhaps build some catchy beat like product yourself, it didn't always work. But what have you been doing internally to make things work for Bank of America.Yeah, great. Thanks for having me. And look, we get to serve 70 million clients every single day, and Asia is not new to us.It's been part of our journey. So if I could offer you some sound bites of what we've se ...