Despite consumer concerns about finances, spending remains strong, said Bank of America CEO Brian Moynihan. While tariff threats may slightly lower GDP forecasts, Bank of America expects steady 2% ...

Bank of America’s chief executive, Brian Moynihan, said consumers are still spending despite polls that show people are worried about the economy. “The economy is still growing and our ...

Consumers are falling behind on their credit card and auto loan payments, but that's actually not such a big deal for the ...

CEO Brian Moynihan noted that the ... Despite the strong performance, Moynihan noted during the banks’ earnings call that consumer spending remains resilient and there are signs that the economy ...

Moynihan said that both businesses and consumer clients are doing well in the face of uncertainty. Read Next: Tariff Fears Pose ‘Material Risks’ To US And Global Economies, Goldman Sachs CEO ...

John Lamparski / Getty Images Risks are mounting, but the economy is still in a good place, according to Bank of America CEO Brian ... on that.” Moynihan pointed to healthy consumer spending ...

Bank of America CEO Brian Moynihan acknowledged in a statement ... bank's research team doesn't see a recession happening in 2025. US consumers, according to the bank's data, keep "pushing money ...

Bank of America CEO Brian Moynihan says the bank is ready ... We now have 40 million consumers who bank digitally with us all the time,” Moynihan said. Stablecoins are digital assets designed ...

In a conference call detailing BofA's first quarter earnings, CEO Brian Moynihan ... consumer credit and home equity. One analyst asked why this comparison was necessary. "Why we're trying to give you ...

As head of the United States' second-largest bank, Brian Moynihan expects ... American consumers are in good shape. We have 70 million U.S. customers, half of whom use us as their primary bank.