Bank of America boss Brian Moynihan is finally getting religion on risk-taking — here's why
Bank of America’s boss may be finally getting religion on risk-taking – and it looks like a possible bid to keep his job, On The Money has learned.CEO Brian Moynihan – who has been notoriously cautious leading the nation’s No. 2 bank since the 2008 financial crisis – surprised and delighted insiders and investors alike as he promoted Jim DeMare to group co-president – positioning him as his possible successor.The reception was joyful partly because inside BofA, DeMare is considered the anti-Moynihan: He’s n ...