Montag tells investors why the mid-market is Bank of America’s focus right now

A push into the regional mid-markets, as well as the international subsidiaries of those clients, is a useful driver of market share at a time of uncertainty.

Tom Montag is a man on a mission. The chief operating officer of Bank of America wants investors to understand that the firm’s global banking and markets business has a unique opportunity within its peer group owing to its local scale coupled with its global footprint. 

It’s a combination that Montag reckons has played out in BofA’s performance in the first half of 2019 – and should only get more evident in the years to come.

Tom Montag BAML_160x186

Tom Montag

Montag was giving investors this message at Barclays’ annual three-day financial services conference in New York this week.

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