Bank of America's Branches Could Change for Forever
Big tech companies aren't the only ones watching CES this week; big banks like Bank of America and PNC could be embracing some of these new technologies.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the importance of user-experience, tracking foot traffic, and of course, Bitcoin.
The biggest change of all
Even before CES, the traditional bricks-and-mortar banks were on the path to go the way of the dodo bird -- into extinction, that is. This sounds crazy, but it's true. Every single one of the nation's biggest banks are dramatically reducing branch counts and overhauling the ones left behind. But despite these efforts, they're still far behind a single and comparatively tiny lender that's already leapt into the future. Since the beginning of 2012 alone, this company's shares are already up more than 250%. And they're bound to go higher. To download our free report revealing the identity of this stock, all you have to do is click here now.
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The article Bank of America's Branches Could Change for Forever originally appeared on Fool.com.David Hanson owns shares of PNC Financial Services and PNC Financial Services Group (Warrant). Matt Koppenheffer owns shares of Bank of America and PNC Financial Services. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America and PNC Financial Services. 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.
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