Brian Moynihan said he’s staying put as chief executive officer of Bank of America Corp. unless the board decides otherwise. “The board will make a choice at some point,” Moynihan said Tuesday in an interview with Bloomberg TV at the World Economic Forum in Davos, Switzerland. “I’m not going anywhere unless they throw me out.”

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.

DAVOS, Switzerland (Reuters) -Bank of America Chief Executive Brian Moynihan on Tuesday welcomed economic policies announced by U.S. President Donald Trump since his inauguration as a "good thing" for business.

Bank of America CEO sees crypto adoption in banking likely if regulatory clarity emerges, focusing on non-anonymous, verified transactions.

Bank of America's CEO Brian Moynihan has said that the US banking industry is ready to adopt cryptocurrencies for payments, if given the green light by regulators. Speaking during an interview at the World Economic Forum in Davos, Switzerland, Moynihan shared his thoughts on the industry's possible shift toward crypto.

Bank of America CEO Brian Moynihan says US banks will start providing crypto payment services if federal regulators ever approve it.

Bank of America CEO Brian Moynihan affirms that the banking industry is prepared to embrace crypto if the regulatory framework allows it.

Brian Moynihan, CEO of Bank of America, expressed approval of President Trump's economic policies, seeing them as beneficial for business. At the World Economic Forum, executives are analyzing Trump's executive orders.

The Bank of America CEO has hinted that traditional financial institutions are open to embracing crypto payments if U.S. financial regulators allow.

Investment banking has also surged. Bloomberg reports that Citigroup expects fees to rise 25-30% compared to last year, while JPMorgan anticipates a 45% increase. The six largest U.S. banks are projected to report $31 billion in total profits for the quarter, marking a 16% increase from 2023, according to PYMNTS.

The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's fourth quarter, a 7% increase.