Schutz Says Bank of America Should Find CEO From Within: Video

Nov. 25 (Bloomberg) -- Anton Schutz, president of Mendon Capital Advisors Corp., talks with Bloom...  More »

Nov. 25 (Bloomberg) -- Anton Schutz, president of Mendon Capital Advisors Corp., talks with Bloomberg's Matt Miller about Bank of America Corp.'s search for a chief executive officer to replace Kenneth D. Lewis and the outlook for the bank's stock. Bank of America's next CEO will inherit a bank ranked No. 1 in the U.S. by assets, deposits and mortgages as of the third quarter. The Charlotte, North Carolina-based bank has raised almost $40 billion and posted a cumulative profit of about $6.5 billion during the first three quarters of this year. (Source: Bloomberg)  « Less