financetom
Business
financetom
/
Business
/
Bank CEOs express confidence in deals, consumer finances
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bank CEOs express confidence in deals, consumer finances
Nov 13, 2024 1:12 PM

NEW YORK (Reuters) - U.S. bank CEOs expressed confidence in the dealmaking outlook and the health of U.S. consumers at an industry conference in New York on Wednesday.

Bank of America's buildup of advisory work on upcoming mergers and acquisitions is strong, while its pipelines for initial public offerings "are full and ready to go," CEO Brian Moynihan told attendees.

Meanwhile, KeyCorp ( KEY ) CEO Christopher Gorman noted consumers have 30% more money in their bank accounts today than they did before the pandemic, signaling "the economy is in good shape."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Paramount Global's Naveen Chopra joins Roblox as finance chief
Paramount Global's Naveen Chopra joins Roblox as finance chief
Jun 9, 2025
June 9 (Reuters) - Paramount Global's ( PARAA ) chief financial officer Naveen Chopra stepped down from his role on Monday to join video gaming company Roblox ( RBLX ) as its finance head. Andrew Warren, currently Paramount's strategic advisor to the office of the CEO, will take over as interim CFO, the company said. Roblox ( RBLX ) said...
Limoneira Fiscal Q2 Swings to Adjusted Loss, Revenue Declines; Shares Fall After Hours
Limoneira Fiscal Q2 Swings to Adjusted Loss, Revenue Declines; Shares Fall After Hours
Jun 9, 2025
04:44 PM EDT, 06/09/2025 (MT Newswires) -- Limoneira ( LMNR ) reported fiscal Q2 adjusted loss late Monday of $0.17 per diluted share, swinging from earnings of $0.44 a year earlier. Two analysts polled by FactSet expected a loss of $0.01. Revenue for the quarter ended April 30 was $35.1 million, down from $44.6 million a year earlier. Two analysts...
MercadoLibre backtracks on moving legal home to Texas from Delaware
MercadoLibre backtracks on moving legal home to Texas from Delaware
Jun 9, 2025
SAO PAULO, June 9 (Reuters) - Latin American e-commerce giant MercadoLibre ( MELI ) will no longer have shareholders weigh in on a proposal to move its U.S. operations from Delaware to Texas, it said in a filing on Monday. The firm, a regional competitor to Amazon, did not give a reason for the decision. It had argued that a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved