Three Things Bank of America Corp (BAC) Is Wishing For

Just a little magic
Those who don’t believe in magic will never find it, according to Roald Dahl. And though there may be little room for magic in business these days, it can give you a better perspective on some of the most complex issues affecting a company. We may not have heard the three wishes straight from the horse’s mouth, but the three issues at hand are big reasons why Bank of America Corp (NYSE:BAC)has yet to really take off in the wake of its recent emergence from the stranglehold of the financial crisis. Take away the magic, and you have a company that needs to address three big setbacks — but management sure is up for the challenge.

Fool contributor Jessica Alling has no position in any stocks mentioned — you can contact her here. The Motley Fool recommends and owns shares of Wells Fargo. It also owns shares of Bank of America, Citigroup, and JPMorgan Chase (NYSE:JPM).

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