Sunday, September 21, 2025
Bank of America CEO says clients want to invest in companies ‘doing right by society’- oil and gas 360

Bank of America CEO says clients want to invest in companies ‘doing right by society’

CNBC Bank of America CEO Brian Moynihan says money will keeping flowing to environment, social and governance funds (ESG) as more investors send the message that they want to own companies with a mission that aligns profits with broader social goals. “We have $25 billion in ESG funds, and more is going there,” Moynihan said on ” from the World Economic Forum in

Oil Prices Could Crash by $30 if China Buys Iranian Crude: BofA

From CNBC Crude oil prices could sink by as much as $30 a barrel if China decides to buy Iranian crude oil in retaliation to the latest U.S. tariff measures, according to Bank of America Merrill Lynch. “While we retain our $60 a barrel Brent forecast for next year, we admit that a Chinese decision to reinitiate Iran crude purchases