BofA's Moynihan Says 'We Got a Little Too Careful' With Investment Banking

The video features a discussion with Brian Moynihan, CEO, about the performance of the investment bank, which has been lagging in quarterly earnings. Moynihan discusses plans to focus on middle market M&A deals in the U.S. to regain market share, emphasizing careful risk management. The conversation highlights market trends, such as the peak of large deals due to trade tensions and antitrust issues, and the shift towards middle market opportunities. The discussion also touches on the role of technology in shaping future strategies, with a focus on digital transformation and connectivity.

What challenges do companies face when attempting large deals in the current market environment?

In what ways is Bank of America looking to improve its investment banking fees?