President Donald Trump called out Bank of America CEO Brian Moynihan at the World Economic Forum, saying some conservatives complain the bank will not take their business.
The lender rebuffed allegations that it is less welcoming to conservatives after the president blindsided CEO Brian Moynihan with a barb during a Q&A session at the World Economic Forum in Davos, Switzerland.
President Donald Trump publicly blasted Bank of America CEO Brian Moynihan at the World Economic Forum in Switzerland, accusing the financial giant of “debanking” his conservative supporters. Trump took Moynihan to task at Davos — the snooty Alpine talking shop for the self-styled global elite — over allegations that BofA cancelled the accounts of Christian activist groups,
The point of Donald Trump’s jab at Bank of America CEO Brian Moynihan was not just to dunk on one prominent financier. It was also a warning to every executive at Davos, and everyone watching the livestream around the world,
President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the debanking claims.
DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.
If regulation is brought in under President Donald Trump, Wall Street may have to adopt crypto as a form of payment, said BofA CEO Brian Moynihan.
President Trump accused big U.S. banks of discriminating against conservatives today. Bank of America CEO Brian Moynihan was on a panel of executives questioning the president as he [videoed into the
Bank of America's Brian Moynihan explains how President Donald Trump is creating "even better conditions for investment" into U.S. companies and economic growth.
Bank of America CEO Brian Moynihan said that the firm is open to using cryptocurrency for payments if regulators clarify the rules.
Brian Moynihan was asked by CNBC’s Andrew Ross Sorkin about how the industry’s approach to crypto could change given President Donald Trump’s enthusiasm.
The company wants to develop “American First” investment vehicles with funding of up to $250 million to be custodied by Charles Schwab, it said Wednesday.