Bank of America CEO Brian Moynihan continues to face pressure from investors to grow revenue and improve the bank’s profitability. Since becoming CEO in 2010, Moynihan has slashed expenses and resolved financial crisis-era litigation, but analysts note the bank continues to lag its peers on key profitability metrics.
Bank of America CEO Brian Moynihan continues to face pressure from investors to grow revenue and improve the bank’s profitability. Since becoming CEO in 2010, Moynihan has slashed expenses and resolved financial crisis-era litigation, but analysts note the bank continues to lag its peers on key profitability metrics. JEFF WILLHELM jwillhelm@charlotteobserver.com
Bank of America CEO Brian Moynihan continues to face pressure from investors to grow revenue and improve the bank’s profitability. Since becoming CEO in 2010, Moynihan has slashed expenses and resolved financial crisis-era litigation, but analysts note the bank continues to lag its peers on key profitability metrics. JEFF WILLHELM jwillhelm@charlotteobserver.com
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April 18, 2016 6:16 PM

For Bank of America’s Moynihan, more pressure to grow profitability

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