Up next remarks from bank of america Ceo Brian Moynihan on the state of the economy in the us financial system. Other topics include capitalism and crypto currency as well as banking trends among millennials and jens hes, this is hosted by the city club of cleveland. Good afternoon, we are devoted conversations of consequence that help democracy thrive. It is thursday, june 29th. Im the chief executive here, daniel moulthrop. Im here to introduce our speaker, brian moynihan, ceo of bank of america. The country and world grapple with the aftermath of the pandemic, inflation, supplychain disruptions, the Banking Industry has felt its share of volatility. In march, several small to midsize banks failed leading to a chain of events we refer to as the 2023 banking crisis. On top of this, the widespread calls for increased equity, access to economic opportunity, increasing reliance on emerging technologies, evidence the world of banking and finance is changing quite a bit. Brian moynihan bec
Good afternoon and welcome to the city club of cleveland where. Im the chief executive here ad its my privilege to introduce our speakertoand to ask him a few questions as well. Brian moynihan, the c. E. O. Of bank of america. As the country and world grapple with the aftermath of the pandemic, inflation, the Banking Industry has felt its share of, well call it volatility. In march, three small to midsized u. S. Banks failed, leading to a chain of events that we now refer to as the 2023 banking crisis. And on top of this, add to this the widespread calls for increased equity, access to Economic Opportunity and the increasing reliance on emerging technologies, its evident that the world of bank and financial is changing quite a bit. Brian moynihan becamed c. E. O. Became the c. E. O. In 2010 which feels like a century ago. It was a long time ago. Its the Second Largest Bank in the u. S. Youre all wondering whats the first, its jpmorgan chase. He lead as team of approximately 215,000 emp
What threatens us are the zionist settlers. Israeli occupation. Are we allowed to resist occupation according to International Laws or not . Do we have the right to live in peace and security or not . If israel has the right to defend itself dont the palestinians have the same right . In the recent attacks of the zionist regime, hundreds of Palestinian Civilians were martyred. A new wall mural was unveiled in vali asrsar square in tehran on the occasion of alaqsa storm operation in occupied palestine. Due to the operation of the alaqsa storm of the Palestinian People against the zionist regime , the newest mural of tehrans walisar square was installed this morning. This mural was designed by saleh kushki. This work has been implemented with the efforts of Islamic Revolution designers house. Operation of the Palestinian Resistance forces in the occupied territories against the regime army zionism had a wide reflection in the countrys press. Most newspapers devoted their front page headl
Second largest in california history. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti, this is bloomberg. Bloomberg technology with emily chang is next. Emily im emily chang and this is bloomberg technology. Coming up, well take a look at a big year in consumer tech. What worked, what did not and what is worth your money . Plus, we discussed facebooks role on the platform for clinical propaganda. Is the social network overstepping by helping controversy all World Leaders used the platform . Ham says the firm is a tech company at heart. Our exclusive interview. Advanceddeveloping an hard ponder. Is part of a broader push to turn what is a Luxury Fashion device into a serious medical device. 20 of the population will be using a wearable device by next year. That growth rate is slowing. Joining us from chicago, along with a bloomberg tech reporter who broke the story about apple. What exactly are they working on
Want to use momentum from their tax bill victory to take on welfare. Paul ryan says 2018 is a chance as a chance to reshape the safety net for the poor and disabled. He also wants to change food stamps and medicaid programs. In Southern California firefighters doused hotspots. ,winds increased that could whip up embers and flareups. A huge fire still smoldering northwest of los angeles. Officials say the blazes 60 contained and now the second largest in california history. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti, this is bloomberg. Bloomberg technology with emily chang is next. Emily i am emily chang and this is bloomberg technology. Coming up, we take a look at a big year in consumer tech, from google to amazon to apple. What worked, what did not and what is worth your money . Plus, we discussed facebooks role on the platform for political propaganda. Is the social network overstepping by helping usero