BofA CEO Moynihan on Economy, Supply Chain, Inflation

In an exclusive conversation, CEO Brian Moynihan discusses Bank of America's recovery post-pandemic, highlighting impressive earnings and a return to pre-pandemic activity levels. He provides insights into consumer spending trends, noting significant growth and its implications for the economy. Moynihan addresses supply chain challenges affecting holiday spending and discusses inflation concerns and potential interest rate changes. The conversation also covers the bank's strong performance in investment banking and digital growth, cost management strategies, and leadership transitions. The discussion concludes with a light-hearted mention of the Boston Red Sox.

What are the expectations for the US economy's growth in the upcoming year?

What insights does Brian Moynihan provide regarding the holiday season's consumer spending?

How has the investment banking sector performed according to the interview?

What challenges does Bank of America face in terms of hiring and retaining talent?