Who Is the Most Important Man in Banking?
On the heels of JPMorgan Chase's loss of its co-COO, Frank Bisignano, investors of the megabank seem unfazed. Despite the constant publicity of the Wall Street CEOs, the loss of a particular executive at a bank rarely seems to significantly move the stock.
However, there are some individuals who mean more to their companies than others. In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer debate who they believe is the most important man in the banking industry.
Under Brian Moynihan's leadership, Bank of America's stock doubled in 2012. 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 Who Is the Most Important Man in Banking? 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 and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
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