Trump presidency?

financial institution of the usa Corp Chairman and leader govt Officer Brian Moynihan on Wednesday performed down the impact at the financial institution if Donald Trump is elected as the following president of the united states.

Moynihan changed into positioned instant by means of billionaire investor Wilbur Ross at an annual fundraising dinner for the Japan Society in the big apple whilst he turned into asked about a possible Trump presidency. "i have made it my private exercise--because while you run a large company--I do now not say 'candidate A versus candidate B' but what I assume we want as we consider transition is we need a pacesetter for the entire country," Moynihan said.

Trump, the presumptive Republican nominee for the 2016 presidential election, has faced grievance on a variety of issues, inclusive of his position on trade, immigration and overseas policy.

"i've high self assurance that the powers of workplace may be capable of form human beings into being what is exact for the usa. If they are actually answering that query I assume on the quit of the day bank of the united states will be nice," stated Moynihan.

Ross, who's Chairman and chief approach Officer at Invesco Ltd subsidiary WL Ross & Co, interviewed Moynihan on stage for 20 minutes as guests ate the first path of cold smoked fish.