Bank of America Corp. Chief Executive Officer Brian T. Moynihan said his companys business model that serves people and corporations is a proven winner based on the firms market share.
Whether its 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 today in a Bloomberg Television Market Makers interview with Erik Schatzker and Stephanie Ruhle. The model works, the stock has improved. For us its a matter of getting the legacy issues behind us and have the earnings come back.
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