(The Hill) – Brian Moynihan, the head of Bank of America, said on Sunday that his company plans to slow down its hiring process and predicted that the U.S., would experience a mild recession ...
Bank of America (BAC) CEO Brian Moynihan is dialing back his expectation for a mild recession this year, mostly thanks to the resilience of the US consumer. "People are working, and they are ...
NEW YORK: Bank of America Corp chief executive Brian Moynihan says there are signs of the US economy slowing, but his firm still expects a soft landing rather than a recession. “The reality is ...
Bank of America Corp. (NYSE: BAC) is being urged to separate its CEO and chairman roles held by Brian Moynihan, according to an April 5 report by proxy advisers Glass Lewis and Institutional ...
Despite two years of higher-than-normal inflation and rising interest rates, U.S. consumer spending has remained remarkably ...
LONDON (Reuters) - Japan would face "a fairly strong" recession if it were to raise interest rates, Olivier Blanchard, former ...
Bank of America CEO Bryan Moynihan said the company, known for its unwavering commitment to growth, was looking to sell off some of its "lazier" assets. is ready to reverse a decades-long strategy ...
However, at least one Wall Street analyst sees a silver lining to the update. In the wake of the first-quarter report, Wolfe ...
April 5 (Reuters) - Proxy advisers Glass Lewis and Institutional Shareholder Services (ISS) on Friday both urged Bank of America (BAC.N) , opens new tab to split the CEO and chairman roles held by ...
DAVOS, Switzerland (Reuters) - U.S. consumers are still in "pretty good shape" and their wages are growing even as the Federal Reserve continues to withdraw excess liquidity from the system, Bank ...
(The Hill) – Brian Moynihan, the head of Bank of America, said on Sunday that his company plans to slow down its hiring process and predicted that the U.S., would experience a mild recession ...
Robust consumer spending in the past few years has helped the U.S. avoid a recession. Consumer spending continues to grow, albeit at a slower pace than last year. U.S. consumer credit card debt is ...