"Of course" CEO Brian Moynihan's job is safe, Bank of America (BAC -3.6%) Chairman Charles...


"Of course" CEO Brian Moynihan's job is safe, Bank of America (BAC -3.6%) Chairman Charles Holliday tells CNBC. "He’s put things in place [and has] a great team there." On whether BofA will sell its Merrill Lynch brokerage, Holliday can't discuss details, but says it's a good fit: "If we just sell to our own customers, we have a great growth opportunity here in the U.S."
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Comments (2)
  • Stoploss
    , contributor
    Comments (1713) | Send Message
     
    The stock is down 50% in six months.

     

    I must say it is working perfectly. He is a good fit.
    8 Dec 2011, 03:26 PM Reply Like
  • squire PB
    , contributor
    Comments (48) | Send Message
     
    just as dumb as Weils Supermarket concept for Citi over a decade ago ...does no one learn ...fees trump all I guess
    8 Dec 2011, 03:48 PM Reply Like
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