The second largest U.S. lender launched its consumer investment business in 2010. It allows so-called mass affluent clients to choose their own investments while offering online tools and in-person guidance from financial advisors.

While most consumers invest heavily in technology stocks and equities, others are also using mutual funds and exchange-traded funds to diversify their portfolios.

Levine echoed recent comments from other U.S. bank executives who expressed optimism about consumers’ financial health and spending.