Analyst: BofA unfocused strategy and muddled metrics Influential CLSA bank analyst Mike Mayo may have been wrong about putting a sell rating on Bank of America stock but insists he remains dead right for calling out perceived accountability issues at the bank. In a scathing report to clients Tuesday afternoon, Mayo criticized Bank of America and its leadership for unfocused strategy and muddled metrics, according to The Wll Street Journals Money Beat blog. He highlighted the banks stock performance in the KBW Index-a collection of banking stocks-which it trailed by 58 percentage points. Read On : hereisthecity/en-gb/2013/11/14/csla-analyst-why-bofa-needs-more-accountability/
Posted on: Fri, 15 Nov 2013 09:57:36 +0000