Bank of America (NYSE: BAC) Corp. said on Thursday that it would be expanding its business in China.
The statement came from Bank of America chief executive officer Brian Moynihan at a press event in Beijing.
Moynihan said that the Charlotte, North Carolina-based company will be expanding its business in china and will be hiring more staff to tap the growth of the world’s most populated coutnry.
“We are committed to our business here, not just the capital, more importantly the human capital,” said Moynihan.
