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Brian Moynihan

Report: Bank Of America Nearing Massive Settlement Over Sketchy Mortgages

AP | Posted 08.07.2014 | Business

WASHINGTON (AP) — Bank of America is nearing a $16 billion to $17 billion settlement to resolve an investigation into its role in the sale of mortga...

Bank Of America's Huge Legal Bill Cuts Into Profit

Reuters | Posted 06.16.2014 | Business

April 16 (Reuters) - Bank of America Corp posted a first-quarter loss as the No. 2 U.S. bank recorded $6 billion in litigation expenses related to a...

Bank Of America CEO Gets Huge Pay Boost

Reuters | Posted 04.21.2014 | Business

By Peter Rudegeair Feb 19 (Reuters) - Bank of America Corp Chief Executive Brian Moynihan received a 17 percent pay ra...

More Trouble For BofA CEO

Reuters | Posted 06.17.2013 | Business

By Jonathan Stempel April 17 (Reuters) - A federal judge has revived a securities fraud lawsuit accusing Bank of America Corp Chief ...

Bank CEOs To Meet With Obama Thursday

Reuters | Posted 04.10.2013 | Business

NEW YORK/WASHINGTON (Reuters) - Executives of the biggest U.S. banks are expected to meet with President Barack Obama on Thursday, according to people...

This Might Be The Best Thing Bank Of America Has Ever Done

The Billfold | Christian Brown | Posted 03.13.2013 | Business

There is in all of us I think a tension between sharing something wonderful and keeping it secret inside you so you can enjoy it on your own. I on...

Bank Chief Gets Huge Pay Raise

Reuters | Posted 02.20.2013 | Business

By Rick Rothacker (Reuters) - Bank of America Corp's CEO Brian Moynihan was awarded a 73 percent pay increase in 2012, when the institution resolv...

BoFA CEO Tells Employees To Treat Customers Better

Reuters | Posted 03.30.2013 | Business

By Rick Rothacker Jan 28 (Reuters) - Bank of America Corp must focus on improving customer service as it moves past its crisis-era pr...

Bank of America's Backtrack on Fees Is Proof Debit Reform Is Working

Douglas Kantor | Posted 02.26.2013 | Business
Douglas Kantor

Bank of America's recent decision to back down on new checking fees next year is further proof debit card swipe fee reform has resulted in greater marketplace competition benefitting consumers.

Matt Taibbi Slams Bank Of America CEO For Massive Stonewalling Effort

The Huffington Post | Bonnie Kavoussi | Posted 11.28.2012 | Business

Bank of America's CEO is pretending to be an idiot to try to get out of paying up in a major lawsuit, according to Matt Taibbi. In a blog post publ...

'They're Playing With Nitroglycerin'

Reuters | Posted 01.14.2013 | Business

(In Nov. 13 story, corrects spelling of company name in penultimate paragraph to "Becton Dickinson" instead of "Beckton Dickinson") *...

BofA Just Breaks Even

Reuters | Posted 12.17.2012 | Business

* Profit $340 mln after $1.6 billion litigation expense * Mortgage banking rev up 25 percent, bond trading rev jumps * E...

Will R-I-C-O Spell 'Relief' for BofA Mortgage Borrowers?

Joel Sucher | Posted 12.16.2012 | Business
Joel Sucher

Down the line, many hope that what Occupy has failed to accomplish, hard-nosed prosecutors might be able to provide: a measure of justice for the millions of aggrieved homeowners either forced out in foreclosure.

BofA Speeds Up Massive Layoffs

Reuters | Posted 09.20.2012 | Business

(Reuters) - Bank of America Corp is planning to cut 16,000 jobs by year end as it speeds up a company-wide cost-cutting initiative amid declining reve...

Wall Street's City Bid-Rigging Racket: Who Ran It? How Many Billions Are Missing? Where's the Investigation?

Richard (RJ) Eskow | Posted 08.26.2012 | Business
Richard (RJ) Eskow

A recent court case proves what many of us have long suspected: Big banks have been ripping off this nation's towns and cities for years in an old-fashioned racketeering scam.

Letter From Charlotte: How Bank of America Silenced a Whole Town

Richard (RJ) Eskow | Posted 07.09.2012 | Business
Richard (RJ) Eskow

At the Bank of America shareholder meeting, bank executives continued to enjoy their full constitutional protections despite working for an institution with the worst rap sheet in town. The rest of us were guilty until proven innocent.

Define "Extraordinary"

George Goehl | Posted 07.07.2012 | Business
George Goehl

We believe protest at the Bank of America meeting this year is not just normal -- it's the only response that makes sense. We don't want to protest Bank of America's shareholder meeting, but we have to, to protect our country from more unchecked corporate greed and abuse.

Activists Target BofA Shareholder Meeting

Reuters | Posted 06.30.2012 | Business

* 99% Power groups says Wells Fargo excluded shareholders * Group wants to meet with CEO before May 9 meeting * Activist...

Alexander Eichler

Fake Bank Of America Website Asks How You'd Run BofA

HuffingtonPost.com | Alexander Eichler | Posted 04.19.2012 | Business

"Banking is too complicated for ordinary people to understand," reads the press release from YourBofA.com. "That's not to say people are stupid." T...

This CEO Is The Highest Paid Big Bank Chief

Reuters | Posted 06.04.2012 | Business

By David Henry April 4 (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon received $ 23.1 m illion in compensation in 2011, an 1 1 perce...

Why You Smiling, BofA CEO?

Reuters | Posted 05.28.2012 | Business

March 28 (Reuters) - Bank of America Corp Chief Executive Officer Brian Moynihan made $8.1 million in total compensation last year, up from $1.9 mil...

WATCH: Shirtless Women Interrupt BofA CEO Speech

Posted 03.09.2012 | Business

Shirtless women are likely not the types of guests most would expect to see at a conference full of Wall Street suits. But they were in attendance...

It Turns Out 2011 Was A Pretty Great Year For Banks

The Huffington Post | Alexander Eichler | Posted 03.08.2012 | Business

By almost any measure, 2011 was a rocky year -- high unemployment, volatile markets, rising poverty, protests in the streets. Thankfully, the banks ma...

BofA Tired Of Fannie Mae, Stops Selling Some Mortgages To Them

Reuters | Posted 04.25.2012 | Business

* BofA cites Fannie Mae repurchase claims * Bank still selling loans to Freddie Mac * BofA freezing pension plan June 30...

BofA's Brian Moynihan Gets HOW Much After A Pay Cut?

AP | Posted 04.18.2012 | Business

CHARLOTTE, N.C. (AP) — Bank of America's chief executive is taking a pay cut. Brian Moynihan will be eligible for up to $5.9 million ...