It took him long enough.

This week, Bank of America CEO Brian Moynihan will hold his first “investor day” since 2011 – breaking 14 years of silence that nicely highlights the positively awful job he has done communicating with investors.

Insiders say that 66-year-old Moynihan, who only recently laid out a succession plan , was likely prodded to call the Wednesday powwow by his board, which is fielding shareholder demands for a clear plan to boost the bank’s stock price – and a strategy to compete against its archrival, Jamie Dimon’s JPMorgan Chase .

BofA is the US’s second-largest bank by assets, right behind JPM. But by many other metrics, it’s an also-ran. Its stock perennially lags JPM’s – and all the other big banks, for that matter. It fails to win big banking assignments that

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