In this interview, Nicolai Tangen speaks with Brian Moynihan, the CEO of Bank of America, about the current state of the global economy, with a particular focus on the U.S. Moynihan shares insights into consumer spending habits, the impact of unemployment and wage growth, and the challenges faced by small and medium-sized businesses due to rising interest rates and policy uncertainties. The conversation also covers the role of technology and AI in transforming banking operations, Bank of America's approach to branch management, and Moynihan's views on bank regulations and the need for a balanced approach. Additionally, Moynihan discusses the corporate culture at Bank of America, emphasizing customer focus and employee development, and shares his personal strategies for continuous learning and seeking advice.
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