BofA Aiming to Double Consumer Unit Market Share, CEO Moynihan Says

BofA Aiming to Double Consumer Unit Market Share, CEO Moynihan Says

Assessment

Interactive Video

Business, Religious Studies, Other, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses Bank of America's market share in the US, highlighting growth opportunities by expanding into new markets. It also covers the leveraged loan business, emphasizing the risks associated with over-leveraging and the economic implications. The bank's cautious approach to on-balance sheet exposure is noted, along with the challenges faced by funds in managing leveraged companies.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding companies that are over-leveraged?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on the impact of leveraged lending on the economy?

Evaluate responses using AI:

OFF