Bank Of America CEO Brian Moynihan Says The Economic Backdrop Remains Very Constructive
BAC•Bank of America comments on economic backdrop and outlook
July 14 (Reuters) - Bank of America Corp BAC.N:
- Bank of America CEO Brian Moynihan says the economic backdrop remains very constructive
- Bank of America CEO Brian Moynihan speaking at a call with analysts
- Bank of America CFO says expect net interest income to be at upper end of 6-8% range
- Bank of America CFO says we now expect full-year operating leverage to be in the range of 300 to 400 basis points
- Bank of America CFO says we will obviously adjust pricing in each of our segments for any rate hike, but net, we expect that to be a positive
- Bank of America exec says constructive on loan growth in second half
