Bank of America (NYSE: BAC ) and its stock have been on a hot streak, but some signs suggest that to the party will end sooner rather than later.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analyst David Hanson is joined by John Reeves to discuss John's upcoming piece on the long-term sustainability of Bank of America's business model.
John acknowledges that Bank of America has a powerful strategy in place, but he voices his concerns that reputational risk from its larger, less-profitable customer base could eventually affect the bank's relationships with its high-end, more profitable clientele.
1 bank with a winning strategy
Many investors are terrified about investing in big banking stocks after the crash, but the sector has one notable stand-out. In a sea of mismanaged and dangerous peers, it rises above as "The Only Big Bank Built to Last." You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.
Friday's podcast edition of "Where the Money Is" with @reevesjw is up and running!-https://t.co/Niq05uucSh #iTunes @themotleyfool
— MotleyFoolFinancials (@TMFFinancials) October 18, 2013
RSS Headlines
Comments from our Foolish Readers
Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the
Report this Comment icon found on every comment.
Report this Comment On October 21, 2013, at 2:21 AM, sluggo47 wrote:
Come on guys. Most of the squealers are people that have gone through foreclosure.
Report this Comment On October 21, 2013, at 10:05 AM, aig09 wrote:
John Reeves's total garbage opinion. Reputation can change with change of management and revewed effective strategies. There is always business when people sees opportunity for profit.
Report this Comment On October 21, 2013, at 10:49 AM, aig09 wrote:
If you dont have anything with a real point, just don't say it that could crush your own reputation.
Add your comment.