Bank of America’s boss may be finally getting religion on risk-taking – and it looks like a possible bid to keep his job, On The Money has learned.

CEO Brian Moynihan – who has been notoriously cautious leading the nation’s No. 2 bank since the 2008 financial crisis – surprised and delighted insiders and investors alike as he promoted Jim DeMare to group co-president – positioning him as his possible successor .

The reception was joyful partly because inside BofA, DeMare is considered the anti-Moynihan: He’s not from the big bank’s retail banking side, nor is he a lawyer like Moynihan. Instead, he’s a longtime trader who has been running BofA’s capital markets division and its real estate lending business. 5

His elevation as BofA’s possible CEO-in-waiting also looks like the bank

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