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Bank Of America Is Sick Of Square, Rolls Out New Mobile Payment System
Financial Sector and Stocks Analysis from Seeking Alpha
Wed, 21 Nov 2012
By Trefis : Bank of America (NYSE: BAC ) is clearly not in the mood to just stand by and watch as technology firms like Google (NASDAQ: GOOG ), Square, PayPal and LevelUp eat into the market share of banks and credit card companies in the payments market with mobile payment offerings. Vying for a ...
BankofAmerica's current management team has allowed the firm to have possibly the strongest capital position among major U.S. banks, says Oakmark's Bill Nygren.