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BNY CEO optimistic on US economic growth, AI potential

investing.com 11/12/2024 - 19:08 PM

BNY Anticipates U.S. Economic Growth Under Trump

NEW YORK (Reuters) – BNY is optimistic about a U.S. economic growth boost with the new Donald Trump presidency, stated CEO Robin Vince during an interview at the Reuters NEXT conference in New York.

"Growth is good for the U.S. economy and President-elect Trump has been very clear that he believes in growth," Vince said. "We're pro-growth … our clients want to take advantage of the opportunities here."

Vince also mentioned that BNY is investing in artificial intelligence technologies for its employees and clients.

"This is human leverage, intelligence leverage … I see the opportunity and we're investing in and we have tools live that create more leverage for our people, that create solutions for clients."

Founded 240 years ago by Alexander Hamilton, a U.S. founding father, BNY's businesses include custody, treasury services, markets, wealth, and investment management.




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