1 CEO Making the Right Moves

By David Hanson and Matt Koppenheffer – Nov 22, 2013 at 6:55PM

NYSE: BAC

Bank of America

Market Cap

$298B

Today's Change

(-1.07%) -$0.41

Current Price

$37.91

Price as of April 25, 2024, 4:00 p.m. ET

U.S. Bancorp’s leader on acquisitions and how it relates to Bank of America, JPMorgan, and Wells Fargo.

Bank of America (BAC -1.07%), JPMorgan Chase, and Wells Fargo (WFC -1.11%) were all plagued by bad acquisitions, and U.S. Bancorp (USB -1.49%) CEO Richard Davis isn't about to put his bank in a similar spot. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss U.S. Bancorp and Davis's remarks.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America and Wells Fargo. 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.