Bank of America CEO doubles down on tech investments for growth

Brian Moynihan weighs opportunities in stablecoins as annual spending reaches $4bn

20250328N Bank of America Moynihan

Bank of America CEO Brian Moynihan advocates for "responsible growth." (Photo by Satoko Kawasaki)

SHIKO UEDA

TOKYO -- Bank of America CEO Brian Moynihan has signaled the institution plans to continue investing aggressively into advanced technology to achieve "responsible growth."

"Responsible growth is about growing, no excuses," Moynihan said in a recent interview with Nikkei, referring to the strategy he adopted after becoming chief executive in 2010.

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