more to come
Comments measured from Bank of America ICYMI:
Bank of America CEO Brian Mionihan:
- “We potentially face a changing economy in the future”
- American consumers are still spending, “Push money in the economy”
- Professional customers “profitable, liquid and strong results”
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We continue to see for signs that are changing the environment
Bank of America CFO Alastair Borathvik:
- “At this point our research team does not believe that we will see a recession, and our customers continue to show encouraging signs.”
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“Our research team is still calling for a slight increase,”
- “They think that there may be a slowdown in the economy before some uncertainty, before it rises back, but it would be similar to things like blue-chip unanimous at this point, and what will be similar to what the chairman Powell has said”
Boa, nevertheless, is building precautions. This distanced the US $ 1.48 BN in credit provisions for potential future losses, which was more than 12% compared to a separate set a year ago.
This Chinese state has been read in the media. no love lost.
