Bank of America is scaling back its global ambitions with the recent sale of stakes in international banks. It’s a sharp reversal from a strategy former Bank of America CEO Ken Lewis touted on a visit to San Francisco and mentioned frequently to the investment community. The nation’s largest bank saw the investments as a way to participate in growing economies around the world while leveraging its skills as a retail-banking powerhouse.
Most Popular Articles
Latest Articles
From resilience to antifragility: Rethinking cybersecurity for real estate and mortgage professionals
In information security, we’ve long spoken about resilience. The goal has been to withstand an attack, recover quickly, and return to business as usual. But in today’s environment—where attackers adapt and evolve daily—resilience is no longer enough. We must go further. We must embrace antifragility.
-
From local to global: RE/MAX’s Chris Lim on the next era of real estate relationships
-
Stop marketing like it’s 2008: You’re invisible
-
RE/MAX accelerates real estate innovation with AI and technology
-
Retirement plans for small-business owners have visible generational gaps
-
VA loans rise as housing market shifts toward buyers
