News list for " moynihan"

Bank of America CEO: We already have hundreds of blockchain patents, and we know how to enter the field

In an interview with CNBC at the World Economic Forum in Davos, Switzerland, Brian Moynihan, CEO of Bank of America (BoA), said that if proper regulation makes crypto payments "a reality," then "the banking system will be tough on transactions." In this case, crypto transactions would simply be seen as another payment type alongside credit cards, debit cards, and Apple Pay., Brian Moynihan said: "We already have hundreds of blockchain patents...

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2025-01-22 01:30:19
美银CEO:我们已经拥有数百项区块链专利,我们知道如何进入该领域

美国银行(BoA)首席执行官Brian Moynihan在瑞士达沃斯世界经济论坛接受CNBC采访时表示,如果适当的监管让加密支付“成为现实”,那么“银行系统将在交易方面采取强硬措施”。 在这种情况下,加密交易将被简单地视为与信用卡、借记卡和 Apple Pay 并列的另一种支付类型。,Brian Moynihan说:“我们已经拥有数百项区块链专利...

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2025-01-22 01:30:19
Bank of America CEO urges Federal Reserve not to be too hawkish on interest rates

Bank of America CEO Moynihan has urged Federal Reserve policymakers to be measured in how much they cut rates. Moynihan said the Fed moved "too late" to raise borrowing costs in 2022 and now they have to make sure they don't go too far in cutting rates. He expects the Fed to cut rates by another 50 basis points before the end of the year and then four more times in 2025 by 25 basis points each, at which point the end point rate will reach 3.25%. He expects inflation to be...

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2024-10-23 10:07:15
The CEO of Bank of America sounded the alarm: the US economy may lose its special status due to debt problems

Mr. Moynihan believes the US will regret it if it does not balance its spending with economic growth. If this is not addressed, the US risks losing its economic "gold standard" status. At the same time, he said that the debt problem is not a problem that the new government can deal with in its first week in office, nor is it a problem of the old government staying in power - it is a matter of discipline that spans time.

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2024-10-17 10:37:09