Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM): Bank of America Corp (BAC) Attempts to Show It Has a Conscience

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Announcements like this one can’t hurt the bank’s standing with the general public, either. With big banks — particularly Bank of America — still suffering from reputational damage from the financial crisis, publicizing investment products that place them in a positive light is savvy advertising, as well.

The article Bank of America Attempts to Show It Has a Conscience originally appeared on Fool.com and is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, and Wells Fargo.

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