Laura J. Keller
Bank of America boosts CEO Moynihan’s Pay 25% to $20M
NEW YORK - Bank of America Corp. awarded CEO Brian T. Moynihan $20 million for his work last year, raising his compensation 25 percent.
Moynihan...
BofA’s Merrill to tell clients how they’re paying their brokers
NEW YORK - Bank of America Corp., which has said it will stop offering commission-based retirement accounts as it prepares for new regulations, also...
BofA revenue misses estimates as bond trading ebbs at year-end
NEW YORK - Bank of America Corp. posted fourth-quarter revenue that missed analysts’ estimates as a 12 percent increase in bond trading fell short...
Bank of America sued for $542M over FDIC risk rule
NEW YORK - Bank of America Corp. owes the Federal Deposit Insurance Corp. at least $542 million for deposit insurance that it refuses to...
BofA’s Moynihan says businesses are friskier after Trump victory
NEW YORK - Bank of America Corp. doesn’t expect Donald Trump’s election to jolt the U.S. economy next year, but its corporate customers are...
Bank of America profit rises 7.3% on bond trading, cost cuts
NEW YORK - Bank of America Corp., the second-biggest U.S. lender by assets, said third-quarter profit rose 7.3 percent, beating analysts’ estimates, as revenue...
BofA managing director gender-bias suit withdrawn from court
NEW YORK - A former Bank of America Corp. managing director who accused the institution of being a “bros club” that favored male employees...
BofA’s $500,000 offer in ‘bro’s club’ case is no longer public
NEW YORK - Bank of America Corp. has persuaded a judge to remove from the public record a claim by an employee that she...
Moynihan says Europe stress tests show U.S. banks ‘more mature’
NEW YORK - The European bank stress tests demonstrated that U.S. lenders are further along in their recovery from the financial crisis, Bank of...
BofA bond-trading beats estimates as four main units post gains
NEW YORK - Bank of America Corp., the second-biggest U.S. bank by assets, posted higher profit in each of its four main businesses as...
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