Bank of America Will Keep Hiring, Moynihan Says

The transcript discusses the current trends in the financial industry, particularly focusing on hiring freezes. It highlights Bank of America's approach to managing headcount through meticulous planning, aiming for efficiency and automation. The company hires thousands of employees to manage natural turnover and emphasizes training. Despite industry trends, Bank of America maintains a constant planning process to use human capital effectively.

What challenges does the speaker mention regarding employee turnover?

In what ways does the speaker believe training employees benefits the company?