Bank of America Finance Chief Says Bank Doesn’t See Recession
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Bank of America Chief Financial Officer Alistair Borthwick said on a call with reporters Tuesday that the bank wasn't forecasting a recession. Borthwick said clients are “looking for clarification” on the U.S. tax proposals, regulatory changes, and trade policy. Views across Wall Street and in Washington diverge on whether the U.S. will slide into an economic recession.
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