The CEO of Bank of America (BAC.US), Brian Moynihan, stated at the Goldman Sachs Financial Services Forum that he expects the regulatory changes after Trump's election as President of the USA to be favorable for corporate mergers, including in the Banking Industry. He mentioned that regulatory changes will facilitate the completion of merger agreements and pointed out that the stock market is seeing more activity, which will ultimately boost the number of initial public offerings.

He also stated that the recent rise in bank stock prices is very reasonable, with the outlook for interest rates and economic growth in the USA being positive factors. Bank of America’s stock price has risen by approximately 36% this year.