More credit card debt and car loans transitioned into late payment status last quarter, per the New York Fed.
CNBC's Sara Eisen sits down with Bank of America CEO Brian Moynihan on 'Power Lunch' to discuss the state of financials, interest rates, and inflation.
Bank of America CEO Brian Moynihan on Tuesday praised Warren Buffett as an investor in the company, but said he has not asked ...
U.S. consumers' late payments on credit cards and other loans are starting to level off in recent months after rising earlier ...
Prepare for a US debt default and a recession that will drag down corporate earnings, according to Bank of America CEO Brian Moynihan. In an interview with CNN on Monday, the head of the second ...
Bank of America CEO Brian Moynihan has penciled in a soft landing for the economy and offered some insights into the state of the consumer on the company’s fourth-quarter earnings call.
Bank of America CEO Brian Moynihan sees that, compared to last year, consumers are significantly less enthusiastic about spending money. At the same time, Moynihan — whose bank has around 69 ...
Bank of America Corporation ( NYSE: BAC) Barclays 22nd Annual Global Financial Services Conference September 10, 2024 1:05 PM ET Brian Moynihan - Chairman, CEO & President ...
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(The Hill) — The CEO of Bank of America, Brian Moynihan ... Moynihan said the consumer spending rate stands at about 3 percent, about half of what it was last year. Consumers are feeling ...