Brian Moynihan – Chairman and Chief Executive Officer Moderate economic growth projected “We expect moderate economic growth to continue this year and we expect the US to grow a little faster next year above 2% and outside of US is … Continued
Michael Corbat – CEO Macro environment remains positive “The macro environment remains a largely positive one, growth while not as high as we would like remains consistent and we don’t see too many economies in distress. However, while geopolitical tensions … Continued
Harvey Schwartz – President and Co-Chief Operating Officer The environment could get better “We also know that the environment could get better. For example, both interest rate and volatility could increase from near record levels. The yield curve could steepen. … Continued
Jamie Dimon – Chairman and Chief Executive Officer US economy doing fine “The U.S. economy is doing fine, it’s been chugging along at 2%, less than 2% on average probably for the last seven or eight years. It’s the longest … Continued
Kelly King – Chairman and Chief Executive Officer Loan growth lower because higher payoffs amid lower rate environment “When we announced our second quarter earnings in July, things were actually moving at a pretty good pace, and we were more … Continued
Robert Berkley A ground swell of competition “Without a doubt there is a grown ground swell of competition. You can see it manifesting itself in a couple of difference ways. A couple of macro observations will be the standard markets, … Continued
Kenneth Moelis – Chairman and CEO Companies waiting to see what happens with tax before inverting “there’s a hold waiting to see what happens with tax. I think there were some industries that felt like the U.S. tax rate was … Continued
Raymond W. McDaniel, Jr. Certainly has been some pull forward financing We certainly think that there has been pull-forward into the first half, including the second quarter. How much opportunistic financing is still going to occur in the second half … Continued
Richard Fairbank Exceptional opportunity has run its course, now just a good opportunity “we believe the opportunity to grow continues in the card business. What I would say is the exceptional opportunity has mostly run its course and now there’s … Continued
Kelly King – Chairman and Chief Executive Officer Main street continues to rebound “I just want to mention to you again that Main Street continues to rebound. Our confidence is up. I’ve been in 23 of our 26 regions in … Continued