NEW YORK — Bank of America chief executive Brian T. Moynihan said Monday his company’s business model that serves people and corporations is a proven winner based on the firm’s market share.
‘‘Whether it’s our rising market shares in mortgage or investment-banking market shares around the world, the current business model is the best business model we can bring,’’ Moynihan said in a Bloomberg Television ‘‘Market Makers’’ interview with Erik Schatzker and Stephanie Ruhle. ‘‘The model works, the stock has improved. For us it’s a matter of getting the legacy issues behind us and have the earnings come back.’’
Comments
I suggest that before you believe anything Mr. Moynihan has to say you read my posting. For 5 long years I have been fighting with BOA to help save my house. This started 5 years ago when my mother passed away. I have been threatened, I have been shuffled around by so many people that I don't know who to believe.
I have written Mr. Moynihan many times for help. Needless to say someone in his office calls me back, and back to square one. I have had to sell my mother's jewelry for all the threats of foreclosure. I am not the only one going through this with BOA. Mr. Moynihan its time you step up and help your customers who need help. You should be worrying about your customers. I am disgusted as many others with BOA.
Mr. Moynihan, before you start handing out bonus I think you should take a long hard look at your employees especially the ones who refuse to help.