El CEO de BofA dice que la reforma normativa será buena para EE.UU.

Brian Moynihan, CEO of Bank of America, discusses various topics including Harvey relief efforts, regulatory reforms in Washington, and the importance of capital and liquidity requirements. He highlights the complexity of current regulations and the need for simplification. Moynihan also addresses the impact of new European financial rules on the bank and emphasizes the strength of their research platform. Despite these challenges, he remains focused on broader concerns like the hurricane's impact.

What are the key areas of focus for Bank of America in terms of regulatory reforms?

• Capital and liquidity requirements

• Employee benefits

• Marketing strategies

• Customer service improvements

Why does Brian Moynihan believe current regulations are too complex?

• They are too lenient

• They are outdated

• They are not enforced strictly

• They involve multiple agencies with different principles

How does Bank of America plan to handle the excess capital after stress tests?

• Expand internationally

• Return it to the market

• Increase employee salaries

• Invest in new projects

What is the main concern regarding the new European financial rules known as MiFID II?

• The potential for increased competition

• The impact on employee morale

• The cost of implementation

• The lack of clarity

What is Brian Moynihan's perspective on the impact of MiFID II on Bank of America?

• It is a major concern for the bank

• It is not the biggest issue for him

• It will lead to a reduction in staff

• It will significantly boost profits