Moynihan Says BofA ‘Battleship’ Is Heading Out of Harbor
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Bank of America Corp. Chief Executive Officer Brian T. Moynihan, who has spent almost four years turning around the lender, likened his company to a warship headed to sea as spending by customers picks up.
“We are a huge company, and we are coming out of the harbor and it’s time to take this huge battleship to cruising speed,” Moynihan said today at a New York investor conference sponsored by his firm. “We can now focus more and more on each business.”