BofA's Moynihan on Fintechs: 'I Don't Fear Any Competitor'

The video discusses Walmart's potential entry into the banking sector and how Bank of America views competition. Bank of America emphasizes its strong network and diverse client base, serving various market segments. The bank is focused on digital transformation, with significant growth in digital customers and financial plans. It respects competitors but remains confident in its strategy and management to drive growth.

What strategies does Bank of America employ to study its competitors?

What recent achievements has Bank of America made in terms of digital customers?