Analysis: Bank of America leaves Wall Street wondering about next CEO
newscatcher
2021-06-10 11:30
Analysis: Bank of America leaves Wall Street wondering about next CEO
By Elizabeth Dilts Marshall and Jessica DiNapoliNEW YORK (Reuters) – When Brian Moynihan took the reins at Bank of America Corp in 2010, the U.S. bank was reeling.Its former CEO suddenly left as scandals and probes related to a major acquisition unfurled. Its stock price was tanking, and the global financial crisis was still going strong.Since then, Moynihan, 61, has not just righted the ship, but transformed Bank of America, leaving analysts, industry people and some investors wondering what – and who – comes next.

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