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'Encouraging' to Hear AI Firms Taking Risk Seriously, Says Moynihan

Bloomberg Markets Monday 14 September 2026, 19:29 UTC 1 min read
Key Points

Bank of America chairman and CEO Brian Moynihan said that it is 'encouraging' to hear that AI firms are taking the responsibility of AI safety seriously as leaders raise the alarm about the pace of innovation and potential ramifications. Moynihan, talking to Bloomberg's Dani Burger, said that he expects trading to be ‘relatively flat’ in the third quarter compared to last year.

Bank of America chairman and CEO Brian Moynihan said that it is 'encouraging' to hear that AI firms are taking the responsibility of AI safety seriously as leaders raise the alarm about the pace of innovation and potential ramifications. Moynihan, talking to Bloomberg's Dani Burger, said that he expects trading to be ‘relatively flat’ in the third quarter compared to last year. (Source: Bloomberg)
Hear AI Firms Taking Risk Seriously (ORG) Moynihan Bank of America (ORG) Brian Moynihan (PERSON) AI (ORG) Moynihan (PERSON) Bloomberg (ORG) Dani Burger (PERSON)
Originally published by Bloomberg Markets Read original →

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