Business
BofA’s Moynihan on Consumers, Loan Demand and Trading
Bank of America Chair and CEO Brian Moynihan discusses the state of the US consumer, loan demand and the bank’s trading strength. Speaking with David Westin, Moynihan also says he thinks the US is in decent shape for a soft landing.
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Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end, according to three people close to the Kremlin. Bloomberg’s Anthony Halpin has the details.
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China’s humanoid robot makers now control 97% of global shipments, giving Beijing an early lead over US rivals. But can they become everyday tools?
At the World Robot Conference in Beijing, robots sort boxes, handle laundry and bag clothes, as Allen Wan finds out.
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Citi Wealth CIO Kate Moore joins Bloomberg’s Lisa Abramowicz and Tom Keene from Jackson Hole, Wyoming.
She reacts to Fed Chair Kevin Warsh’s debut Jackson Hole speech.
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Former Trump Senior Economic adviser Stephen Moore is on Bloomberg This Weekend and says inflation remains too high for the Federal Reserve to cut interest rates, breaking with President Donald Trump’s repeated calls for lower borrowing costs and arguing the central bank should hold rates steady for now. Moore also warned hosts Christina Ruffini and Bailey Lipschultz that elevated oil prices and the escalating US Canada trade fight pose risks to the economy and Republicans heading into the midterm elections.
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President Donald Trump signed a directive renaming Lake Ontario as Lake America effective immediately. “Canada has been ripping us off for a long time on trade,” Trump told reporters in the Oval Office when asked what message he was sending to the US’s northern neighbor.
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@BG-ub5og
December 25, 2023 at 12:41 am
I like Vivek, but he is wrong. This is not election interference. This is a coup. No country has more experience in regimen change than the good ole USA. This is just a new form of coup. Call it what it is Vivek!
@noureddineelhoussni8704
December 25, 2023 at 12:41 am
Quelques jours vers la direction generale banque populaire du maroc à casablanca à but de regulariser notre transfert de 5,8 milliards euros reçu de defferents banking europains et americans bce, fmi et autre . Il s'agit d'un probleme de non autorisation de chéquiers et de service remise de chéques sur notre application banque populaire (pocket bank, chaabi net).
@LindaHanson-py5dz
December 25, 2023 at 12:41 am
Brain why is BOA not taking the Trump Products ? ? ?
@davidwalker2781
December 25, 2023 at 12:41 am
The typical loan is a Prime customer. This guy lies so much, i think he believes his own lies.
@donaldharlan3981
December 25, 2023 at 12:41 am
Actor! ✊
@7jahson
December 25, 2023 at 12:41 am
Great interview. Numbers make more sense than humans.
@rchen404
December 25, 2023 at 12:41 am
Anyone can make money trading everyday if you manipulate the market and have insider info. We'll just throw out the Volcker rule, a law that prohibits banks from trading in their proprietary accounts.
He's bragging about making money on the trading desks every day. It's no special accomplishment if all you do is market making. So he's probably doing prop trading. SEC, federal reserve, and other regulators need to investigate
@rchen404
December 25, 2023 at 12:41 am
If he's so knowledgeable, why did he buy over priced Treasuries and is now sitting on $600B+ in losses?
@srourfamily
December 25, 2023 at 12:41 am
increasedividend to27 a share good luck investors
@bjdekreek7481
December 25, 2023 at 12:41 am
This is criminal! Credit card debt is at all time highs with APR’s above 22%. And he says the consumer is strong. Complete BS
@davec068406
December 25, 2023 at 12:41 am
This guy is so disconnected with society…
@caleb7799
December 25, 2023 at 12:41 am
did he say in 2019 average savings was 3000 and now it's around 1280? lol
@user-el1kg9ki3o
December 25, 2023 at 12:41 am
Why has Bank of America not returned my funds. The executive team are a bunch of dishonest people.
@user-sw6nz5rb9b
December 25, 2023 at 12:41 am
Brian Moynihan's discussion on consumers, loan demand, and trading offers key insights into current financial trends and banking industry dynamics. His perspective, especially from the vantage point of Bank of America's operations, is crucial for understanding the broader economic environment and consumer behavior. These insights are particularly valuable for those interested in the intersections of banking, consumer spending, and the overall health of the financial market.
@KK-pm7ud
December 25, 2023 at 12:41 am
He can't be trusted. Interviewing for a government job.
@twan102000
December 25, 2023 at 12:41 am
Would you buy a used car from this guy, with these facial expressions and demeanor? It's a trope at this point how shady these guys are.
@richardkwon6697
December 25, 2023 at 12:41 am
All lies
@ziddi2603
December 25, 2023 at 12:41 am
Spinning the truth….Good ol america! 😂
@lesterhubbard3887
December 25, 2023 at 12:41 am
He is rich so you can't believe a thing he says
@nahudimitri7657
December 25, 2023 at 12:41 am
imagine thinking you'll hear the truth from the CEO of BoA lol