You Searched For "brian moynihan" and got 20 results
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1 min read
Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%
Goldman Sachs reported third-quarter earnings on Tuesday that surpassed analysts' expectations.
Theron Mohamed
3 mins read
Warren Buffett has sold about $10 billion of Bank of America stock — after slashing his Apple stake by nearly 60%
Warren Buffett's Berkshire Hathaway has cut its Bank of America stake by 23% since July, and it's n…
Theron Mohamed
2 mins read
Kamala Harris counters Trump's message that the president should have a say in Fed decisions
Kamala Harris over the weekend said she "would never interfere" in Fed decisions, after Trump said …
Kelly Cloonan
1 min read
Bank of America's CEO says the US economy is 'vibrant' — and you should thank the banks
Bank of America CEO Brian Moynihan said the US economy has weathered enormous challenges — largely …
Geoff Weiss
1 min read
Donald Trump is dangling tax cuts and less red tape to win over top CEOs
Apple's Tim Cook and JPMorgan boss Jamie Dimon were both seen at a DC event where Donald Trump spok…
George Glover
2 mins read
The big challenge for Wall Street CEOs this spring: keeping both of their jobs
Even if these proposals succeed, researchers are skeptical that separate jobs make companies better.
Meghan Morris
1 min read
The Fed won't hit its 2% inflation target until 2025 - and consumers spending less shows recession is coming, Bank of America CEO says
Bank of America CEO Brian Moynihan warned of more interest rate hikes this year as the Fed remains …
Zahra Tayeb
2 mins read
S&P 500 closes at a new all-time high as fresh data drives optimism for rate cuts
Consumer sentiment surged in January as year-ahead inflation expectations dropped to the lowest lev…
Phil Rosen
2 mins read
The Fed signals 3 interest rate cuts for next year
The Federal Reserve held interest rates steady in December, closing out a year of intense inflation…
Ayelet Sheffey
6 mins read
Corporate America's loyalty problem is on display in Big Tech
In today's big story, we're looking at how there's no more loyalty in corporate America between emp…
Dan DeFrancesco
2 mins read
Ivy league jocks earn as much as $220,000 more than their less sporty peers over their career, study shows
Sporty students are more likely to hold MBAs from elite institutions and earn more than their non-a…
Sawdah Bhaimiya
5 mins read
Consumers frustrated by the economy might never get the relief they're ultimately hoping for
Bad buying conditions coupled with everyday high prices means consumers can't make any major life c…
Dan DeFrancesco
3 mins read
Warren Buffett plowed $5 billion into Bank of America during the debt-ceiling crisis of 2011. Here's a look back at one of the most lucrative deals of his career.
The famed investor and Berkshire Hathaway CEO was enjoying a bath when he had the idea to buy a sta…
Theron Mohamed
2 mins read
A recession is about to hit the US economy. Here are 3 warning signs that defy consensus view, according to Raymond James
"While we are not suggesting that consumption is going to fall off a cliff, a moderation in spendin…
Matthew Fox
2 mins read
From cooling inflation to a looming recession, here's what CEOs of the 5 largest US banks are predicting for the economy through 2023
All eyes were on CEOs of the Wall Street giants for cues on how markets will weather murky economic…
Morgan Chittum
1 min read
Bank of America 4th quarter profit beats estimates, buoyed by 'organic growth' and higher interest rates
The lender's fourth-quarter profit rose to $7.1 billion, or 85 cents per share, beating analysts es…
Zahra Tayeb
4 mins read
Now that inflation is slowing, here's when 10 experts think we'll see a recession
Some experts say the US economy is poised for a "soft landing." Others think a recession is coming …
Jacob Zinkula,Ayelet Sheffey
5 mins read
From Wall Street to Washington: Which finance execs would make the best public servants?
JPMorgan's Jamie Dimon teased a potential shift to the public sector after he leaves the bank. Thes…
Dan DeFrancesco
1 min read
Dow drops 574 points as Fed chief Powell opens the door to steeper rate hikes
"If the totality of the data were to indicate that faster tightening is warranted, we would be prep…
Jason Ma
2 mins read
The most closely watched recession indicator is telling markets that a downturn won't materialize for another 2 years, Credit Suisse chief stock strategist says
The yield curve inversion is saying a recession isn't happening until August 2025, according to Cre…