[Video] Bank of America CEO: Don’t break up the big banks

Housingwire:

From Bloomberg:

“It would be against America’s interests to break up the large banks,” Moynihan, head of the nation’s second-largest lender, said Wednesday at the Bloomberg Breakaway Summit in New York.

He was reacting to President Donald Trump’s comment in an interview with Bloomberg on Monday that his administration is actively considering splitting giant banks.

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2 responses to “[Video] Bank of America CEO: Don’t break up the big banks

  1. Moynihan is full of shit.

  2. Desperate banksters say desperate things. Sooner are later the banksters will be broken up and separate retail and commercial. BofA will never be the same after their mergers with the garbage financial institutions Merrill Lynch and Countrywide.

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