NEW YORK -Bank of America Corp's Chief Executive Officer Brian Moynihan had a clear message for shareholders on Tuesday: 'We are capitalists.' The proclamation from the head of the second-largest U.S. lender might seem obvious, but comes at a time when Wall Street titans face more criticism for embracing environmental, social and governance (ESG) considerations. 'I've sometimes been surprised to be asked – including at Congressional hearings – ‘Are you a capitalist?'' Moynihan wrote in the bank's annual report published on Tuesday.

https://business.inquirer.net/389945/bank-of-america-ceo-says-we-are-capitalists-as-anti-esg-critics-gain-steam

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