Citigroup cut CEO Corbat's pay by about 7 percent in 2014, a year in which the bank's profit nearly halved due to higher legal costs and a slump in bond trading.» Read More
Bank of America shares finished down more than 10 percent as an afternoon conference call by CEO Brian Moynihan did little to reassure jittery investors.
Brian Moynihan, Bank of America CEO gives his perspective on credit default swaps; capitalization and regulations, and today's Fed announcement and the economy.
Brian Moynihan, Bank of America CEO outlines his turnaround strategy for the financial giant and discusses whether the company needs to raise more capital as it deals wtih mortgage-related lawsuits.
Discussing who's in charge at Bank of America; the CEO or the markets, with CNBC's Kate Kelly, and perspective on what's ailing the banking sector, with Daniel Alpert, Westwood Capital.
Despite uncertainties over housing prices and unemployment, the U.S. economy is "moving forward," Bank of America CEO Brian Moynihan told CNBC Friday.
After 18 months at the helm of the nation's largest bank by assets, Bank of America Chief Executive Brian Moynihan said mortgages continue to cloud the bank’s outlook.