Good morning. Business leaders are working to manage volatility and an evolving economic environment, as the goalpost keeps moving on policies.
Bank of America (BofA) CFO Alastair Borthwick offered some insight into what the bank is hearing from its commercial clients—concerns over trade policy and recent market turmoil have grown. “What our clients are telling us is they're looking for certainty,” Borthwick said during a media call on Tuesday. BofA’s commercial clients range from small businesses to middle-market and large corporations.
