Brian Moynihan has been at the helm of Bank of America (NYSE:BAC) for almost four years, and the bank has had plenty of ups and downs. Since Warren Buffett and Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) made an investment in the bank in 2011, shares have rallied significantly. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss Bank of America and what Brian Moynihan still needs to prove.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Berkshire Hathaway and Bank of America. The Motley Fool recommends Bank of America and Berkshire Hathaway. The Motley Fool owns shares of Bank of America and Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.