Bank of America Corp. Chief Executive Officer Brian T. Moynihan said 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 today 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.”

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access