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BofA’s Moynihan on Fintechs: ‘I Don’t Fear Any Competitor’

Mar.15 — Bank of America Chairman and CEO Brian Moynihan says he is not concerned about competition from fintechs including Walmart’s startup because of the bank’s unique position in the financial industry. He speaks with Bloomberg’s David Westin on “Balance of Power.”

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Mar.15 — Bank of America Chairman and CEO Brian Moynihan says he is not concerned about competition from fintechs including Walmart’s startup because of the bank’s unique position in the financial industry. He speaks with Bloomberg’s David Westin on “Balance of Power.”

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3 Comments

3 Comments

  1. mrpmj00

    March 15, 2021 at 6:22 pm

    – businesses and consumers buy from Amazon, Apple, Facebook, Nvidia, Microsoft, Netflix so these are the stocks you want to own..;;;

  2. jasonbadler

    March 15, 2021 at 6:26 pm

    Bank Of America‘s customer service is horrible. Search for their reviews online. They are closing all their branches and making it more and more difficult to conduct business. $WMT will eat Bank if America’s lunch! Bitcoin and cryptocurrencies are the future of money.

  3. james

    March 15, 2021 at 9:32 pm

    What a great bank. I have been shareholder for past three years happy. I hope they can fend off fintech like square

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Bloomberg Technology

Odd Lots: Why Many Communities Are Skeptical of the AI Boom

From electrical contractors to HVAC engineers, people far from Silicon Valley are quietly asking the same question: Is AI a bubble? Speaking with Joe Weisenthal and Tracy Alloway on Odd Lots, Jasmine Sun explains how local communities weigh the massive economic tradeoffs of multi-year data center projects when they aren’t even sure if the technology—or…

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From electrical contractors to HVAC engineers, people far from Silicon Valley are quietly asking the same question: Is AI a bubble? Speaking with Joe Weisenthal and Tracy Alloway on Odd Lots, Jasmine Sun explains how local communities weigh the massive economic tradeoffs of multi-year data center projects when they aren’t even sure if the technology—or its funding—is here to stay. Listen wherever you get your podcasts.
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Why Data Center Pushback Is a Unique Form of NIMBYism

Unlike solar farms or housing projects, data centers face a unique challenge: people don’t just oppose them in their own backyards—they question if we need them at all. On Odd Lots, Jasmine Sun tells Joe Weisenthal and Tracy Alloway why the AI industry and policymakers have failed to make a compelling case for the AI…

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Unlike solar farms or housing projects, data centers face a unique challenge: people don’t just oppose them in their own backyards—they question if we need them at all. On Odd Lots, Jasmine Sun tells Joe Weisenthal and Tracy Alloway why the AI industry and policymakers have failed to make a compelling case for the AI buildout, leading to widespread anxiety over resource usage.
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Apple Cuts Jobs as It Reprioritizes Around AI

Apple is cutting jobs across its Vision Pro, Siri, and Intelligent Systems Experiences teams as it redirects resources toward new devices and artificial intelligence. Bloomberg’s Mark Gurman explains where the reductions are happening and how Apple is reshaping its Siri operation around new AI infrastructure. He also looks ahead to Apple’s foldable iPhone and why…

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Apple is cutting jobs across its Vision Pro, Siri, and Intelligent Systems Experiences teams as it redirects resources toward new devices and artificial intelligence. Bloomberg’s Mark Gurman explains where the reductions are happening and how Apple is reshaping its Siri operation around new AI infrastructure. He also looks ahead to Apple’s foldable iPhone and why the device could prove particularly important in China. He joins Ed Ludlow on “Bloomberg Tech.”
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