Yahoo Web Search

Search results

  1. Jan 28, 2020 · For Moynihan, the best evidence that his bank can hit that lofty target is the current trajectory. “We’ve been consistently growing deposits 6% to 7% a year, or $30 billion on an...

    • Shawn Tully
    • mailto:shawn.tully@fortune.com
  2. Feb 5, 2024 · Bank of America trimmed the CEO’s compensation from $26.5 million to $24.5 million for 2020, the first year of the COVID-19 pandemic. Then Moynihan saw a 30.6% raise in 2021, to $32 million. And Bank of America winnowed that to $30 million for 2022, when the bank saw a 14% drop in net income.

    • Dan Ennis
  3. Feb 2, 2024 · NEW YORK (Reuters) - Bank of America cut compensation for CEO Brian Moynihan by 3.3% to $29 million for 2023 after its annual profit fell 4%, the lender said in a filing on Friday.That compares...

  4. Apr 5, 2022 · He took over a bank that taxpayers had bailed out for $45 billion after its ill-fated purchases of Merrill Lynch, the investment-banking giant, and Countrywide, once the nation’s largest...

  5. People also ask

  6. Feb 2, 2024 · Brian Moynihan ’s total compensation as chief executive officer of Bank of America Corp. declined 3% to $29 million for 2023, a year in which profit fell and the firm’s shares performed the worst among its biggest rivals.

    • Katherine Doherty
    • Bloomberg News
    • kdoherty23@bloomberg.net
  7. Bank of America Corp. BAC, +0.06% said in a filing late Friday that its board has approved a 6.3% cut on Chief Executive Officer Brian Moynihan’s pay in 2022. Moynihan receives $30 million...

  8. Feb 6, 2023 · Bank of America cut CEO Brian Moynihan’s compensation by 6.3% in 2022 — to $30 million, from $32 million, according to a Securities and Exchange Commission filing Friday. The decrease comes after net income at Bank of America fell 14% over the year to $27.5 billion, from 2021’s record $32 billion.

  1. People also search for