If you think Bank of America (NYSE: BAC ) is a bank that's just too complicated to ever own stock in, think again.
Though BofA does have a derivatives portfolio and an investment banking that has trading operations, a huge chunk of the bank's income still comes from basic banking businesses. And it's in those basic banking businesses that the bank has a big advantage.
In the video below, Motley Fool banking analyst Matt Koppenheffer breaks down one simple reason why Bank of America is a bank that's still worth owning.
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