BRIEF-Bank of America CEO Brian Moynihan says bank will continue to "rightsize" the bank's debt footprint
Dec 4 (Reuters) - Bank of America Corp : * CEO brian moynihan says bank will continue to "rightsize" the bank's debt
footprint * Moynihan is speaking at Goldman Sachs conference * Moynihan: bank still seeing good commercial loan growth * Moynihan: "we are pushing the team to do more loans" * Moynihan: bank's Mobile banking has grown 30 percent this year * Moynihan: Mobile deposits are now 3 percent of total deposits after launching
product in August * Moynihan: having lower capital buffer can be competitive advantage but have
to be careful with risk * Moynihan: the bank's recurring earnings stream will be a factor in federal
reserve stress test and ability to return capital * Moynihan: the bank's mortgage servicing costs should return to normal by
middle of 2015 * Moynihan: "We are not doing the job we need in mortgage yet" but "we are
growing that business"