Moynihan Says Bank Of America Is Strong Despite Flat Trading Revenue
Earnings·1 article across 1 outlet
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Bank of America Corp. Chief Executive Officer Brian Moynihan stated that trading revenue will be 'relatively flat' compared with last year's third quarter. However, he emphasized that even if this occurs, the bank will still have had one of its best third quarters ever.
Moynihan's comments were made during an interview with Bloomberg's Dani Burger, highlighting the bank's resilience in the current trading environment.
Bank of AmericaBrian Moynihan
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“Bank of America Corp.”
Bloomberg — Moynihan Says Bank Is Still Strong, Even If Trading Revenue Comes In Flat