How Bank of America’s Balance Sheet Has Changed Since Brian Moynihan Became CEO
Last week, the CEO of Bank of America (NYSE: BAC), Brian Moynihan, presented at a conference hosted by the bank. He covered a lot of ground, but focused in particular on the bank's progress since he took over seven years ago.
Bank of America CEO Brian Moynihan. Image source: Bank of America.
One of the earliest slides in the presentation deck did so by showing the increase in Bank of America's tangible common equity since the fourth quarter of 2009 -- the final quarter before Moynihan took over.
Source: Fool.com
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