Will This Man Ultimately Run Bank of America?
Bank of America CEO Brian Moynihan recently said he could do his job "forever." Investors that have kept faith in Moynihan have been handsomely rewarded after the stock's enormous gains in 2012. Moynihan also noted that if he were to leave his role, there is already a succession plan in place. In this video, Fool banking analysts David Hanson and Matt Koppenheffer discuss who they think might be in line to take the top spot at B of A and what that might mean for shareholders.
Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.
The article Will This Man Ultimately Run Bank of America? originally appeared on Fool.com.David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.