Nov 12 (Reuters) - Bank of America Corp Chairman and Chief Executive Officer Brian Moynihan said at an investor conference on Wednesday: * The bank does not have an incentive to extend mortgages to less creditworthy borrowers
BOSTON, Nov 7 (Reuters) - Two big pension funds have asked Bank of America Corp to hold a shareholder vote next spring on the chairman's title recently given to its Chief Executive Brian Moynihan , extending a running battle in corporate governance.
We are puzzled by Bank of America's announcement that Brian Moynihan will take over as chairman of the board in addition to his role as CEO. While the decision is clearly a vote of confidence in
negative ruling against Countrywide in a separate mortgage-related fraud case, Attorney General Eric Holder called BoA CEO Brian Moynihan , threatening to file suit against BoA the next day if the bank did not raise its settlement offer, press reports noted. BoA relented
get MS Office ; pg 20]; waste-to-energy company Covanta [ CVA ; pg 22]; Bank of America [ BAC ; CEO spotlight on Brian Moynihan ; pg 46]; small-cap Chico’s FAS [ CHS ; pg 48]. IP story http://online.barrons.com/news/articles/SB50001424053111904544004579642563115909636
fearful. Buffett has said that you “pay a high price for a cheery consensus” and gave a loud re-endorsement of CEO Brian Moynihan at Bank of America. The long duration confidence and “slowness” of what we do in our large bank holdings will be a source of future
global banks generally have seen so far in 2014. It seems that investors are really warming up to the types of changes that Brian Moynihan is making at [TICKER:BAC] Bank of America, expecting that those would turn out decent earnings, and they did post
On CNBC with Brian Moynihan and Becky Quick. In a tone that was very clear, direct and unambiguous, and no beating around the bush. "When you have a 400 hitter you don't take him out of the lineup." Message sent to Washington IMO. Nick
(Reuters) - Bank of America Corp posted a bigger-than-expected 70 percent jump in quarterly profit on Wednesday, helped by aggressive cost-cutting, as Chief Executive Brian Moynihan 's turnaround...
stock price goes higher, and it's hearing them talk about how they think about capital allocation. We have met with Brian Moynihan numerous times. He consistently talks about using share repurchase as a hurdle and how almost no acquisitions can be as