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>> BANK OF AMERICA Latest News

29 MINS AGO - Washington Business Journal

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BofA's No. 2 executive was paid more than CEO Brian Moynihan in 2014

Brian Moynihan made almost as much money as his top lieutenant in 2014. But not quite. Bank of America Corp. (NYSE:BAC) Chief Operating Officer Thomas Montag was paid $14.9 million last year, edging his boss once again. Moynihan has been paid less than Montag every year since Moynihan was promoted to CEO in 2010. Moynihan earned $14 million last year, ...

Tags: BofA's No. 2 executive was paid more than CEO Brian Moynihan in 2014,  Bank Of America Latest News

38 MINS AGO - Yahoo! News

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Bank of America skips vote sought by funds on CEO's roles

By Ross Kerber BOSTON (Reuters) - Bank of America Corp will not hold a shareholder vote on its decision to reunite the roles of chairman and chief executive officer, according to the bank's proxy statement filed on Thursday. The Charlotte, North Carolina-based bank had been asked by pension funds including the California State Teachers' Retirement System to let shareholders vote ...

Tags: Bank of America skips vote sought by funds on CEO's roles,  Bank Of America Latest News

1 HOUR AGO - USA Today

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Bank of America cuts CEO pay by 7%

Bank of America, which barely passed its stress test this year, cut its CEO's pay by 7%.        

Tags: Bank of America cuts CEO pay by 7%,  Bank Of America Latest News

2 HOURS AGO - Washington Business Journal

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Franklin Synergy Bank's shares flat on first trading day

Shares of Franklin Synergy Bank's parent company traded flat on their first day on the public markets. Franklin Financial Network (NYSE: FSB) shares closed at $21 Thursday afternoon, which is exactly where they debuted as part of the bank's initial public offering. Franklin Synergy sold 2.64 million shares of common stock, putting the deal size at more than $55 million. ...

Tags: Franklin Synergy Bank's shares flat on first trading day,  Bank Of America Latest News

2 HOURS AGO - Zero Hedge

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Who's Behind All of the Wars?

  Image by Terry Robinson   Bankers hate peace … Lee Fang reports: The possibility of an Iran nuclear deal depressing weapons sales was raised by Myles Walton, an analyst from Germany’s Deutsche Bank, during a Lockheed earnings call this past January 27. Walton asked Marillyn Hewson, the chief executive of Lockheed Martin, if an Iran agreement could “impede what you see as ...

Tags: Who's Behind All of the Wars?,  Bank Of America Latest News