Bank of America (BAC), Why Is It Facing Fresh Questions Now?

Bank of America (BAC) is under intense regulatory and leadership pressure after more than US$1.21b in anti money laundering related penalties, a fresh securities class action, and rising questions over CEO Brian Moynihan’s future. Recent trading reflects that pressure. Bank of America’s share price has slipped around 9.1% over the past month and about 17.7% over the past quarter, even as the 1 year total shareholder return is slightly positive and the 3 year total shareholder return is very...