Is Bank of America Leaving Charlotte?

My personal feeling is that BOA isn’t going anywhere! Does it really matter where the CEO lives? In this day and time, with all of our technological advances and the increasing ability to do our jobs from the office, our homes or the beach and the video conferencing capabilities that we so often use, I can't imagine that this topic has gotten Charlotte residents so up in arms over the location of the new CEO of Bank of America. Bank of America owns far too much real estate here in Charlotte and to sell it and purchase FAR more expensive real estate in NY in this market is, in my opinion, simply ludicrous! And, to whom are they going to sell it?! Another consideration is the cost of relocating their personnel to NY . Imagine the taxes that they'd have to pay in New York--well above and beyond those here in Charlotte. Those factors would deter any business from relocating from ‘reasonable’ Charlotte, NC to ‘exorbitant’ New York! (Sorry NY friends--I have had numerous transferees from NY and they all concur that our taxes are FAR less than those they had been used to paying in New York)! The City of Charlotte and the Charlotte Chamber of Commerce are both working towards a more appealing business climate here in Charlotte. Charlotte has always been ahead of the curve with small and large business relations. Over the last decade, Charlotte has been one of the most forward-thinking metropolitan areas in the country—and that is expected to continue with our new leadership. So, no, I don't think Bank of America headquarters is moving anywhere, anytime soon! Just my humble opinion!