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Financials Brian Moynihan

  • NEW YORK, Jan 13- Executives of big U.S. banks expressed optimism on Friday about the outlook for 2017 in their first public comments about quarterly earnings since the U.S. presidential election in November. Shares of all four banks climbed Friday afternoon, with JPMorgan up 0.5 percent at $86.64, Bank of America up 0.4 percent at $23.01, Wells Fargo up 1.1 percent...

  • NEW YORK, Jan 13- Executives of big U.S. banks expressed optimism on Friday about the outlook for 2017 in their first public comments about quarterly earnings since the U.S. presidential election in November. Shares of all four banks climbed Friday afternoon, with JPMorgan up 0.5 percent at $86.64, Bank of America up 0.4 percent at $23.01, Wells Fargo up 1.1 percent...

  • NEW YORK, Jan 13- Executives of big U.S. banks expressed optimism on Friday about the outlook for 2017 in their first public comments about quarterly earnings since the U.S. presidential election in November. Shares of all three banks climbed on Friday morning, with JPMorgan up 1.8 percent at $87.81, Bank of America up 1 percent at $23.14 and Wells Fargo up 2.4...

  • NEW YORK, Jan 13- Executives of big U.S. banks expressed optimism on Friday about the outlook for 2017 in their first public comments about quarterly earnings since the U.S. presidential election in November. Shares of all three banks climbed on Friday morning, with JPMorgan up 1.8 percent at $87.81, Bank of America up 1 percent at $23.14 and Wells Fargo up 2.4...

  • The Charlotte, N.C.- based lender's earnings surged 47 percent in the quarter through Dec. 31 to $4.34 billion, or 40 cents a share, from $2.95 billion, or 27 cents a share, a year earlier. Excluding items, the bank earned 42 cents per share, beating analysts' average estimate of 38 cents, according to Thomson Reuters I/B/E/S. Although Bank of America's overall revenue...

  • Also helped by a sharp fall in expenses, net income attributable to shareholders of the No. 2 U.S. bank by assets rose to $4.34 billion in the three months ended Dec. 31 from $2.95 billion a year earlier. Excluding items, the bank earned 42 cents per share, beating the average estimate of 38 cents, according to Thomson Reuters I/B/E/S. Excluding an adjustment, total...

  • CNBC PRO: Brian Moynihan

    Brian Moynihan, Bank of America's CEO, shared his views on the market and regulatory environment in an interview with CNBC's Wilfred Frost.

  • Brian Moynihan, CEO, Bank of America

    Rising interest rates and Trump's pro-growth policies will help major financial institution, Bank of America CEO Brian Moynihan tells CNBC.

  • BoA's Moynihan: We are in favor of reasonable regulation

    CNBC's Wilfred Frost speaks with Brian Moynihan, Bank of America chairman and CEO, about Dodd-Frank and possible deregulation under the Trump administration as well as the prospect for mergers and acquisitions.

  • The amendment also calls for the chairman and vice chairman of the board to be independent directors, and provides an annual retainer of $250,000 for the chairman and $100,000 for the vice chairman. Investors, including the state treasurers of Connecticut and Illinois, had filed a resolution calling on the bank to require an independent board chair..

  • NEW YORK, Nov 29- It may be more than a decade before banks see substantial benefits from investments they are now making in new payments technologies, Bank of America Corp Chief Executive Brian Moynihan said on Tuesday. The industry has been investing heavily in digital methods of exchanging money, including a U.S. payments network called Zelle.

  • Michelle Moore, head of digital banking for Bank of America, said in an interview on Monday that Erica will be smarter than a robot because she will bring up topics on her own, using predictive analytics as opposed to only answering questions customers ask. The bank plucked the name Erica from the last five characters of its own name, said Moore, who introduced the...

  • Michelle Moore, head of digital banking for Bank of America, said in an interview on Monday that Erica will be smarter than a robot because she will bring up topics on her own, using predictive analytics as opposed to only answering questions customers ask. The bank plucked the name Erica from the last five characters of its own name, said Moore, who introduced the...

  • That came as clients scrambled to reposition after Britain's surprise June vote to leave the European Union, and changing expectations for monetary policy in the United States, Europe and Japan. Net income attributable to shareholders rose 6.6 percent to $4.45 billion in the third quarter ended Sept. 30 from a year ago. Earnings per share rose to 41 cents, from 38...

  • NEW YORK, Oct 17- Morrie Low, a 27- year-old Seattle cocktail server, has found an unlikely new source of pleasure: credit card companies. In August, Low snagged a new Sapphire Reserve card, from JPMorgan Chase& Co, which has become a magnet for millennials willing to pay the $450 annual fee for a sign-up bonus worth as much as $1,500 in travel, plus $300 in annual spending...

  • That came as clients scrambled to reposition after Britain's surprise June vote to leave the European Union, and changing expectations for monetary policy in the United States, Europe and Japan. Net income attributable to shareholders rose 6.6 percent to $4.45 billion in the third quarter ended Sept. 30 from a year ago. Earnings per share rose to 41 cents, from 38...

  • That came as clients scrambled to reposition after Britain's surprise June vote to leave the European Union, and changing expectations for monetary policy in the United States, Europe and Japan. Net income attributable to shareholders rose 6.6 percent to $4.45 billion in the third quarter ended Sept. 30 from a year ago. Earnings per share rose to 41 cents, from 38...

  • BAC Q3 beats Street but is it good enough?

    Jeff Harte, Sandler O'Neill principal, breaks down Bank of America's quarterly numbers and provides his outlook on the big bank.

  • Net income attributable to shareholders rose 6.6 percent to $4.45 billion in the third quarter ended Sept. 30, from $4.18 billion a year earlier. Revenue from trading fixed-income securities, currencies and commodities jumped 32 percent from a year earlier, boosted by Brexit-inspired volatility and changing expectations for monetary policy in the United...

  • Net income attributable to shareholders rose 6.6 percent to $4.45 billion in the third quarter ended Sept. 30, from $4.18 billion a year earlier. Revenue from fixed-income trading jumped 32 percent, boosted by Brexit-inspired volatility and changing expectations for monetary policy in the United States, Europe and Japan. Chief Executive Brian Moynihan said...