Bank of American Chairman and CEO Brian Moynihan does have a tendency to look put-upon, as if a favorite pet has just died. Or perhaps like he’s just eaten a piece of sushi that tastes off. Or like he’s just found out that owning Countrywide is going to cost him another X billion dollars. Given that, some pension funds with a few BofA shares in the kitty think the bank should give him a break, rather than that extra title. Read more »
Bank Of America Shareholder Stops Short Of Ripping Her Top Off And Asking Brian Moynihan To Sign Her TitsBy Bess Levin
For the most part, Bank of America chief Brian Moynihan is not the type of guy who inspires intense fan frenzy. Lloyd Blankfein has teems of people who want to pinch his adorable cheeks and carry him around in their pocket for good luck. Jamie Dimon has his groupies. But Moynihan? Not so much.
UNTIL NOW. Read more »
At the meeting, management discussed the bank’s recent $4 billion error in calculating capital needs. Chief Executive Brian Moynihan called the mistake “disappointing” and Chairman Chad Holliday said the bank’s “goal is zero errors all the time.” [Reuters via Lauren LaCapra]