Bank of America's CEO Moynihan: Consumers are spending and the economy is resilient
Bank of America's CEO Moynihan: Consumers are spending and the economy is resilient
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Big U.S. banks face cautious investor expectations
Major U.S. lenders are heading into third-quarter earnings with investors skeptical after bank shares fell in the quarter. Analysts expect revenue and earnings to rise, but want stronger deal pipelines, loan growth and deposit trends to reassure the market.