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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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CoreWeave, Meta Strike $21 Billion for AI Computing | Bloomberg Tech 4/9/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes its secondary share sale that leaves some investors without the stakes they wanted. ——– “Bloomberg Technology” is our daily news program focused exclusively…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes its secondary share sale that leaves some investors without the stakes they wanted.
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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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Former F1 Champ Compares AI Investing to Racing

Nico Rosberg, CEO of Rosberg Ventures and former Formula One World Champion, says developments in AI are moving faster than an F1 Race and investors need to be prepared for a bumpy ride. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch…

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Nico Rosberg, CEO of Rosberg Ventures and former Formula One World Champion, says developments in AI are moving faster than an F1 Race and investors need to be prepared for a bumpy ride. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Quantum Clocks Enable GPS-Free Navigation

Quantum company Infleqtion is set to launch more of its technology into space over the weekend as demand for ways to navigate without GPS grows. Matt Kinsella, CEO of Infleqtion, discusses the company’s quantum clocks and why they offer a superior option to quantum computers, for now. He joins Caroline Hyde and Ed Ludlow on…

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Quantum company Infleqtion is set to launch more of its technology into space over the weekend as demand for ways to navigate without GPS grows. Matt Kinsella, CEO of Infleqtion, discusses the company’s quantum clocks and why they offer a superior option to quantum computers, for now. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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