Bank of America: Ready to break out at last?

Chief executive Brian Moynihan will be hoping that a management reshuffle has set the bank on track to finally make good on the promise of its sprawling reach.

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The Euromoney 25: Full Index

When Bank of America chief executive Brian Moynihan reshuffled his executive team in September, it was in part to reorganise his bench to accommodate the shift of chief financial officer Paul Donofrio to be head of sustainable finance, and the retirements of chief operating officer Tom Montag and vice-chair Anne Finucane.

But it was also aimed at putting the bank on track to deliver a more integrated approach to its product and client spectrum.

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