BNY CEO optimistic on US economic growth, AI potential
2024-12-12
Category: None

BNY is bracing for a U.S. economic growth boost under the new Donald Trump U.S. presidency, CEO Robin Vince said on Wednesday 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," he said. "We're pro-growth ... our clients want to be able to take advantage of the opportunities here."
Vince also said 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.