Bank of America CEO Brian Moynihan reassures he’s staying put for now but emphasizes the need to groom successors. Dean Athanasia and Jim DeMare appointed as co-presidents, signaling succession planning. CFO Alastair Borthwick promoted to executive vice president. Company aims to line up experienced candidates to lead in the future.

Read more at Yahoo Finance: Bank of America CEO tells Bloomberg TV he is not leaving in short term