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Interest Rate as of March 24, Bank of America Form

Interest Rate as of March 24, Bank of America Form

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all right joining me now is ceo brian moynihan brian good to catch up with you here it's good to be here brian uh good to talk to you again uh yes so i've been talking to a lot of folks and there's been a lot of downbeat reads on the economy in the world but i want to start on something positive ahead of the world economic forum you raised your minimum wage to 22 an hour why did you make that move well we made that move we have a commitment that started to 15 an hour then started at twenty dollars now then started at 25 and so this is year two twenty it was 20 and 20 21 and 21 22 we were doing october we moved it up largely because we just thought it was time to reward our employees and at the same time last week we gave the employees who work for the company three five and seven percent rages up to two years two to five years above five years under a hundred thousand because we're trying to make sure those employees realize how much they're valu

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