In Good Company with Nicolai Tangen

HIGHLIGHTS: Brian Moynihan - CEO of Bank of America

9 snips
Aug 15, 2025
Brian Moynihan, the CEO of Bank of America, shares insights from his 15 years at the helm of one of the world's largest banks. He highlights how AI is reshaping banking operations and improving customer relations. The conversation touches on the resilience of American consumers, their spending habits, and the impact of economic conditions on small businesses. Moynihan also discusses the challenges of navigating regulatory changes and the importance of maintaining a strong corporate culture amid transformation.
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INSIGHT

U.S. Policy Shift Shapes Global Economy

  • U.S. policy shifts in trade, immigration, taxation and deregulation are driving global economic change.
  • Brian Moynihan says the new U.S. policy mix is reshaping activity worldwide through the country's size and trade links.
INSIGHT

American Consumers Show Resilience

  • Bank of America customers are actively spending; $4–4.5 trillion will flow from their accounts this year.
  • Moynihan points out balances are stable or rising and consumer cash is at record highs, signalling resilience.
INSIGHT

Tight Labor Market Supports Spending

  • Low unemployment and wage growth outpacing inflation underpin consumer strength.
  • Moynihan highlights labor market tightness as a core reason consumers remain active despite uncertainty.
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