GO
Loading...

Brian Moynihan

More

  • April 16- Bank of America Corp's financial crisis hangover is lasting longer than expected, leading some investors to wonder if the massive litigation expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.

  • April 16- Bank of America Corp's mortgage pain is lasting longer than expected, leading some investors to wonder if the massive expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.

  • Bank of America posts loss, hurt by legal charges Wednesday, 16 Apr 2014 | 7:41 AM ET

    CHARLOTTE, N.C.— Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal charges.

  • April 16- 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 settlement with the Federal Housing Finance Agency and other mortgage-related matters.

  • BofA executives' pay rose 12 percent in 2013 Friday, 7 Mar 2014 | 4:33 PM ET

    March 7- Bank of America Corp gave its top executives a collective 12 percent pay raise in 2013, according to a filing with the U.S. Securities and Exchange Commission on Friday.

  • UPDATE 1-BofA CEO Moynihan awarded $14 million in 2013 Wednesday, 19 Feb 2014 | 8:13 PM ET

    In 2012, Moynihan was awarded $12 million in total compensation: a base salary of $950,000 and $11.05 million in restricted stock. Shares in Bank of America increased 34.6 percent in 2013, in line with the rise in the KBW index of bank stocks over the year. Average pay for workers at Bank of America was $143,397 in 2013, up 7.5 percent from 2012..

  • ANALYSIS-To sell more, BofA turns to existing clients Thursday, 30 Jan 2014 | 12:41 PM ET

    Jan 30- Bank of America Corp is trying to solve one of the most difficult problems that big banks face: convincing reluctant employees to sell more products to current customers, who are themselves reluctant to buy them.

  • Jan 15- Bank of America Corp said on Wednesday its quarterly profit surged by nearly $3 billion as revenue increased and mortgage losses plunged, the clearest sign yet the bank was shaking off the impact of the financial crisis. Bank of America's shares rose 2.3 percent to $17.15 on Wednesday, after earlier rising to $17.42, the highest level since May 2010.

  • Jan 15- Bank of America Corp said on Wednesday quarterly profit surged by nearly $3 billion as revenue increased and mortgage losses plunged, the clearest sign yet the bank was shaking off the impact of the financial crisis.

  • Jan 15- Bank of America Corp said its quarterly profit surged by nearly $3 billion, as revenue increased and mortgage losses plunged in the clearest sign yet the bank was shaking off the impact of the financial crisis. The purchase has cost Bank of America more than $45 billion in writedowns and legal settlements.

  • Jan 15- Bank of America Corp, the No.2 U.S. bank, reported a stronger-than-expected quarterly profit, driven by a steep fall in mortgage losses and provisions to cover bad loans. Bank of America joins JPMorgan Chase& Co and Wells Fargo& Co in reporting better-than-expected quarterly earnings.

  • UPDATE 1-BofA profit soars as loan-loss provision falls Wednesday, 15 Jan 2014 | 7:30 AM ET

    Jan 15- Bank of America Corp, the second-largest U.S. bank, reported an eight-fold jump in fourth-quarter profit, driven by a steep fall in provisions to cover bad loans.

  • Bank of America ramps up credit card loans Wednesday, 8 Jan 2014 | 10:42 AM ET

    Jan 8- Bank of America Corp's credit card unit did something surprising in the third quarter: it grew. The second largest U.S. bank has been cleaning up and shrinking its credit card portfolio since 2009, after getting burned by bad loans.

  • WASHINGTON, Dec 10- U.S. banks will no longer be able to make big trading bets with their own money after regulators finalized on Tuesday a rule shutting down what was a hugely profitable business for Wall Street before the credit crisis.

  • BofA's CEO: Consumers are healthier     Tuesday, 5 Nov 2013 | 4:24 PM ET

    Bank of America president and CEO Brian Moynihan told CNBC's Maria Bartiromo that he sees unemployment "working its way down."

  • NEW YORK, Nov 4- Bank of America Corp has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American International Group Inc..

  • Wall Street CEOs sound alarms on fiscal problems Wednesday, 2 Oct 2013 | 1:08 PM ET
    Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc. and Brian Moynihan, president and chief executive officer of Bank of America Corp., speak to the media after a meeting with U.S. President Barack Obama at the White House in Washington, D.C.

    CEOs from major banks met with President Obama on Wednesday and warned of the consequences if lawmakers fail to raise the US debt ceiling.

  • Mortgage rise hits refis, not home sales: BofA CEO Friday, 20 Sep 2013 | 2:35 PM ET

    Homebuying has remained "pretty strong" despite higher mortgage rates, but refinancing has dropped "quite a bit," Bank of America CEO Brian Moynihan told CNBC.

  • CNBC's Becky Quick talks with Warren Buffett, Berkshire Hathaway chairman & CEO, and Brian Moynihan, Bank of America CEO, about what prompted Buffett to invest in the big bank two years ago and if he will eventually exercise his warrants to buy 700 million shares of BAC for $7.14 per share.

  • Buffett & Moynihan on next Fed head     Friday, 20 Sep 2013 | 7:12 AM ET

    CNBC's Becky Quick talks with Warren Buffett, Berkshire Hathaway chairman & CEO, and Brian Moynihan, Bank of America CEO, about the Fed's no taper decision and what it means for the economy and jobs.

Most Popular Video

Wednesday, 23 Apr 2014 | 4:32 PM ET

Apple is reporting Q2 EPS of $11.62 on revenue of $45.6 billion. Gene Munster, Piper Jaffray senior research analyst, says investors should feel a sense of relief on these numbers.

Wednesday, 23 Apr 2014 | 3:23 PM ET

CNBC's Becky Quick discusses Warren Buffett's feelings about the market.

Wednesday, 23 Apr 2014 | 12:00 AM ET

Most people probably don't want their six-figure sports cars all marked up, unless it's been marked up by the world's best basketball players. This one-of-a-kind 2002 Aston Martin Vanquish is the only car on the planet to have 50 signatures on it from 50 basketball Hall of Famers, increasing its value over 500 percent.