BAC - Bank of America Corporation (BAC) Bank of America Securities Financial Services Conference (Transcript)

2024-02-21 12:24:04 ET

Bank of America Corporation (BAC)

Bank of America Securities Financial Services Conference

February 21, 2024 08:00 AM ET

Company Participants

Brian Moynihan - Chairman, CEO & President

Conference Call Participants

Ebrahim Poonawala - BofA Securities

Presentation

Ebrahim Poonawala

Good morning. I guess we'll go ahead and get started. So I would like to welcome you all to Bank of America's 32nd Annual Financial Services Conference. I'm Ebrahim Poonawala. I head North American Bank Research for BofA. This is the second year of our revamped financial services conference that brings under one roof, banks, asset managers, exchanges, insurers and card companies.

At by the looks of it, corporates and buy side seems to be liking it. Corporate attendance this year, up 20% year-over-year. We are hosting approximately 300 institutional investors across U.S., Canada, U.K., EU. And we are also hosting some must-attend thematic panels to discuss the latest on the regulatory outlook, evolving risk tied to the commercial real estate market and multiple tech-focused panels.

I would like to thank my colleagues in research, Craig Siegenthaler and Josh Shanker, for hard work in putting together a great event. I would also like to acknowledge Candace Browning, Head of Global Research for BofA. She's in the room. Under Candace's leadership, BofA's Equity Research was ranked number one in last year's II rankings not just in the Americas but also globally. So, Candace thanks for joining us today, and thanks for the stewardship.

Without further ado, I would like to welcome our keynote speaker for the day, Brian Moynihan, Chair and CEO of Bank of America. My big boss. Brian, thanks for being here.

Brian Moynihan

So, it's with great risk, Ebrahim. So.

Ebrahim Poonawala

Well, it can't get more high stakes than me. You might have a new bank analyst more at BofA....

For further details see: