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4 Bank Stocks To Buy As Earnings Soar
Tuesday, April 22, 2025 - 1:45pm | 1328Volatility and tariffs are still capturing headlines and sending markets into a tailspin. For one group of stocks, that’s been an enormous boon. Last week’s big bank earnings showed how market volatility led to a surge in stock trading, which massively boosted revenues for some big...
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Big Bank CEOs Weigh In On Trump's Turbulent Economy
Wednesday, April 16, 2025 - 1:26pm | 514Several CEOs of the largest U.S. banks have recently expressed concerns about the economic fallout, market volatility and broader uncertainty resulting from President Donald Trump's new trade policies. Goldman Sachs Group, Inc. (NYSE:GS) CEO David Solomon warned of uncertainty and potential...
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Bank Of America CEO Says Consumers Are 'Resilient,' While Business Owners 'Worried' As 'We Face A Changing Economy'
Tuesday, April 15, 2025 - 7:00pm | 462Bank of America Corp. (NYSE:BAC) released better-than-expected quarterly results on Tuesday. CEO Brian Moynihan said trade tensions and tariff-related turbulence did not affect the company's performance or American consumers in the first quarter. What To Know: In prepared remarks released with the...
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Fed Must Be 'A Little Cautious' On Rate Cuts, Warns BofA CEO
Wednesday, March 19, 2025 - 10:43am | 450According to Bank of America Corp. (NYSE:BAC) CEO Brian Moynihan, Federal Reserve policy should remain steady despite concerns about economic uncertainty. On Wednesday, he said the Fed should be “a little cautious about cutting,” citing economic growth of around 2% and ongoing tariff...
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Trump Confronts Bank Of America, JPMorgan CEOs Over Alleged Conservative Bias
Thursday, January 23, 2025 - 7:19pm | 481President Donald Trump confronted Bank of America Corp. (NYSE:BAC) CEO Brian Moynihan and JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon on Thursday at the World Economic Forum, alleging discrimination against conservative clients. Trump, addressing the audience via video conference, accused...
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Bank Of America CEO Signals Crypto Payment Acceptance, Pending Regulatory Green Light
Tuesday, January 21, 2025 - 2:02pm | 409Brian Moynihan, CEO of Bank of America (NYSE:BAC), on Tuesday indicated a willingness for the U.S. banking sector to fully incorporate cryptocurrencies into payment systems. This comes with a crucial condition: clear regulatory approval. What Happened: Speaking at the World Economic Forum,...
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Bank Of America CEO Cautions Fed Not To 'Go Too Fast Or Too Slow' On Interest Rate Cuts
Wednesday, October 23, 2024 - 9:44am | 422Bank of America Corp. (NYSE:BAC) CEO Brian Moynihan has cautioned the Federal Reserve against implementing overly aggressive interest rate cuts. What Happened: Moynihan’s comments came during an interview with Bloomberg TV in Australia, where Bank of America is celebrating 60 years of...
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Bank Of America Stock Shows Strength As Buffett Sells: Bulls In Control Ahead Of Q3 Earnings
Monday, October 14, 2024 - 8:45am | 755Warren Buffett may be saying goodbye to a chunk of his Bank of America Corp (NYSE:BAC) shares, but the charts signal a strong outlook for the stock. With the stock up 23.75% year-to-date and a solid 55.43% over the past year, BAC stock is still riding a bullish wave, even as Buffett's Berkshire...
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Warren Buffett Sells More Bank Of America Stock: Should You Follow His Lead Or Invest Further?
Thursday, September 12, 2024 - 12:22pm | 786Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) has been steadily trimming its stake in Bank of America Corp (NYSE:BAC), selling off $7.2 billion worth of shares since mid-July. Warren Buffet Has Been Trimming Stake In BAC Following the sale of 5.8 million shares for $228.7 million at...
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Bank Of America CEO On Buffett's Share Retreat: 'I Don't Know What Exactly He Is Doing ... We Can't Ask'
Tuesday, September 10, 2024 - 6:07pm | 577Bank of America Corp (NYSE:BAC) CEO Brian Moynihan praised Warren Buffett on Tuesday as an investor in the company, but said he has not asked the legendary investor why he has lowered his position in Bank of America. “He has been a great investor for our company, stabilized our company...
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After Trump Proposes Presidential Control Over Fed's Interest Rate Decisions, Bank Of America CEO Says Jerome Powell's Independence Is Crucial: 'Independent And Freely Operating Central Banks Tend To Fare Better'
Sunday, August 11, 2024 - 11:46pm | 697Bank of America CEO Brian Moynihan expressed concerns about the potential impact of the U.S. Federal Reserve’s interest rate policy on consumer sentiment and former president Donald Trump‘s idea of presidential control over the Fed’s rate decisions. What Happened: Moynihan warned...
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BofA Manages To Keep Expenses In Check By Going Digital — Now The Bank Is Using AI To Take It To 'Another Level'
Tuesday, July 16, 2024 - 1:48pm | 589Bank of America Corp (NYSE:BAC) shares got an earnings lift on Tuesday as the company posted better-than-expected quarterly results. CEO Brian Moynihan pointed to expense management as a big part of the bank’s recipe for success and suggested that it will only continue to improve with the...
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Bank Of America CEO Brian Moynihan Shares Outlook For 2024 At Davos
Wednesday, January 17, 2024 - 5:30pm | 409Bank of America Corporation (NYSE:BAC) reported mixed fourth-quarter financial results at the end of last week and saw its quarterly revenue fall 10% year-over-year. CEO Brian Moynihan shared his outlook for 2024 following the print. What To Expect In 2024: In a CNBC interview Tuesday at the World...
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8 Wall Street Bank CEOs Reluctant To Take A Stand On Cannabis Reform After Sen. Questions Them During Hearing
Friday, December 8, 2023 - 1:18pm | 1004In a three-hour Senate Banking Committee hearing on Wednesday, US. Sen. Raphael Warnock (D-GA) asked eight CEOs of the biggest banks in the country to raise their hands if they support the SAFER Banking Act. Only Brian Moynihan, CEO and chairman of Bank of America (...
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Bank Of America CEO Brian Moynihan Says Consumer Spending Continues To Slow Due To Higher Rates
Tuesday, October 17, 2023 - 1:55pm | 483Bank Of America Corp (NYSE: BAC) shares got a boost on Tuesday as profits jumped 10%, but CEO Brian Moynihan warned that consumer spending is slowing. What To Know: Bank of America reported third-quarter earnings of 90 cents per share as net income climbed 10% year-over-year to $7.8...