Bank of America Plans Leadership Shakeup, Shares Lag Rivals

Bank of America, a big bank, is thinking about changing its top leaders.

This is because their stock hasn't been doing as well as other big banks.

The bank's CEO, Brian Moynihan, has been in charge for a long time and hasn't said who will take over.

The shakeup might give more power to Jim DeMare, who runs the trading part of the bank.

The bank will also hold an investor day soon to talk about how they plan to do better.

Basically, the bank wants to improve and make sure things are ready for the future.