Bank of America CEO optimistic about fiscal cliff, company strategy

Even though the negative effects are already being felt, Bank of America CEO Brian Moynihan has a good feeling about Washington’s ability to solve the looming fiscal cliff.

Moynihan made his remarks Tuesday when he kicked off BofA’s 20th annual Bank of America Merrill Lynch Financial Services Conference at the Plaza Hotel in New York. He spoke for about 30 minutes, providing an overview of his well-documented efforts to raise capital, cut expenses and streamline the company.

He said the economy…

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