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.
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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
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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.
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