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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

DirecTV and Dish to Merge, Beijing Wants to Ditch Nvidia | Bloomberg Technology

Bloomberg’s Caroline Hyde breaks down how the DirecTV and Dish merger could pave the way for the biggest pay-TV provider in the US. Plus, Beijing steps up pressure on domestic companies to ditch Nvidia chips, and California Governor Gavin Newsom blocks a proposed AI safety bill. Chapters: 00:05:02 – Empower Chief Investment Strategist Marta Norton…

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Bloomberg’s Caroline Hyde breaks down how the DirecTV and Dish merger could pave the way for the biggest pay-TV provider in the US. Plus, Beijing steps up pressure on domestic companies to ditch Nvidia chips, and California Governor Gavin Newsom blocks a proposed AI safety bill.

Chapters:
00:05:02 – Empower Chief Investment Strategist Marta Norton
00:25:19 – Strike Threatens US Ports
00:28:13 – Arkestro CEO Neil Lustig
00:34:18 – State Sen. Scott Wiener of Cailifornia
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Newsom Blocks Contentious AI Safety Bill in California

California Governor Gavin Newsom has vetoed what would have become one of the most comprehensive policies governing the safety of AI in the US. Democratic California Senator Scott Wiener, who introduced the bill, joins Caroline Hyde and Bloomberg’s Shirin Ghaffary to weigh in on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…

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California Governor Gavin Newsom has vetoed what would have become one of the most comprehensive policies governing the safety of AI in the US. Democratic California Senator Scott Wiener, who introduced the bill, joins Caroline Hyde and Bloomberg’s Shirin Ghaffary to weigh in on “Bloomberg Technology.”
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DirecTV, Dish to Create Largest US Pay-TV Provider

DirecTV and Dish have agreed to combine in a deal that will create the biggest pay-TV provider in the US with about 18 million subscribers. Empower Chief Investment Strategist Marta Norton joins Caroline Hyde to discuss the rise of deals this year and how the regulatory impact is being felt on “Bloomberg Technology.” ——– Like…

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DirecTV and Dish have agreed to combine in a deal that will create the biggest pay-TV provider in the US with about 18 million subscribers. Empower Chief Investment Strategist Marta Norton joins Caroline Hyde to discuss the rise of deals this year and how the regulatory impact is being felt on “Bloomberg Technology.”
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