BofA's Moynihan Interview Jan. 21

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Jan. 21 (Bloomberg) -- Brian Moynihan, chief executive officer of Bank of America Corp., talks about the company's fourth-quarter loss reported today and outlook. The largest U.S. bank by assets reported a loss of $1.24 billion, or 16 cents a share, as it boosted provisions tied to faulty loans and litigation and wrote down the value of its mortgage unit. Excluding a goodwill charge, adjusted net income was 4 cents a share, less than the average estimate of 21 cents by 24 analysts surveyed by Bloomberg. Moynihan speaks with Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

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