Breaking News
brian moynihan
Warren Buffett supports dual titles for BofA’s Brian Moynihan
The Oracle of Omaha sees a bright future for Brian Moynihan. Warren Buffett on Tuesday signaled that he would line up against Bank of America shareholders and two proxy advisory...
Advisory firm wants Moynihan to split BofA duties
Brian Moynihan needs some help running the country’s No. 2 bank. Bank of America’s shareholders should defy the bank and split the CEO and chairman posts, proxy advisory firm ISS...
Firm recommends BofA separates CEO and chairman roles
Bank of America Chief Executive Officer Brian Moynihan is in for a bumpy ride this month. That much was assured on Wednesday after proxy advisory firm Glass Lewis recommended shareholders...
BofA CEO asks shareholders to keep him as chairman
After Bank of America lost three of its top officers last week, Brian Moynihan is hoping he can keep his two jobs. The CEO of the second-largest US bank asked...
Bank of America CEO on the hot seat after latest defection
There’s a brain drain at Bank of America — after CEO Brian Moynihan has pulled the plug. The country’s No. 2 bank is losing its top legal officer — the...
Brian Moynihan's BofA future in hands of shareholders
Brian Moynihan wants another year to make things right at Bank of America, but that’s now up to the shareholders. Moynihan, the bank’s chairman and CEO, said Monday in a...
Bank of America accused of 'tarnishing' Merrill Lynch
Merrill Lynch’s Thundering Herd is having a huge crisis of confidence. Bank of America’s integration of the prized brokerage empire is spooking many Merrill financial advisers, who are balking at...
Bank of America's 'stress test' comes back 'incomplete'
The “stress” is far from over for Brian Moynihan. Bank of America was the only major US bank not to get full approval for its capital plans on Wednesday after...
Bank of America to pay record $17B to end mortgage probes
Bank of America has agreed to pay a record $16.6 billion — the largest federal fine ever against a single US company — to put the bulk of its mortgage-related...
Bank of America mess cuts into profits
It hasn’t been a good year for Bank of America’s Brian Moynihan. The Wall Street chieftain couldn’t please investors on Wednesday as falling revenue, a potential $17 billion mortgage fine...
BofA hopes meeting with AG Holder settle mortgage probe
Brian Moynihan may be taking a play out of Jamie Dimon’s book. Representatives of Moynihan’s Bank of America have asked US Attorney General Eric Holder to meet with the CEO...
Bank of America boss spoken out against shareholder's meeting
Bank of America Corp. boss Brian Moynihan is thankful for friends like Peggy McMahon. The feisty Bronx resident quickly quelled an outspoken shareholder who lashed out at Moynihan at the...
Bank of America delays stock dividend hike after accounting error
That red in the Bank of America logo should match nicely the color in the cheeks of its embarrassed CEO, Brian Moynihan. The banking giant was forced Monday to again...