BofA could get credit rating upgrade - Moody's

BofA could get credit rating upgrade - Moody's

Posted 3 years ago in Economics and Trade.

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BofA could get credit rating upgrade - Moody's

|About: Bank of America Corporation (BAC)|By: , SA News Editor

The bank's A1 rating has been put on review for upgrade at Moody's, with the agency noting improvements to profitability and management's commitment to a conservative risk profile.

Moody's also likes  Bank of America's (NYSE:BAC) more conservative than peers capital return policy (shareholders may feel differently).