October 15, 2021
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Brian Moynihan Got Extra Helpings Of Jell-O In The BofA Caf Today

For once, it was a good day to be Brian Moynihan.
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Bank of America Corp. Chief Executive Officer Brian Moynihan survived a battle to remove him as chairman, fending off critics including the biggest U.S. pension funds. A resolution allowing Moynihan to remain chairman and CEO passed with about 63 percent of the votes, the Charlotte, North Carolina-based company said Tuesday during a special meeting, citing a preliminary tally. [Bloomberg, earlier]

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Brian Moynihan Is Walking On Sunshine

The BofA chief is pretty much having the best day ever. Not to get ahead of ourselves, but his IT guys are THISCLOSE to registering www.brianmoynihnanDOESNTsuck.com before one of his fans can.

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Stress Tests '15: Mike Corbat Gets To Keep His Job, Brian Moynihan Would Love To Catch A Break One Of These Days

Part II of the Fed's stress tests results are out and the good news is that 28 banks passed and Mike Corbat can unpack his things. The less good news is that Brian Moynihan's silent prayer to get lucky just once, just to see what it feels like, was not granted.

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Layoffs Watch '12: Brian Moynihan Wasn't Joking About Cutting Thousands Of Employees

Would've been quite the gag but no, he was serious, in case there was a question in anyone's mind. Wall Street workers got another warning shot across the bow as the nation’s biggest banks gear up to report third-quarter results beginning today. Bank of America chief Brian Moynihan yesterday said that he planned to make good on a springtime plan to cut a whopping 30,000 workers from the sprawling Charlotte, NC-based bank’s work force. “As we continue to get through the mortgage issues at Countrywide, you’ll see the head count come down substantially,” Moynihan told Bloomberg Television. Moynihan has been struggling to put the lumbering bank on a diet and shed nonessential businesses and workers in an effort to reverse the course embarked upon by his predecessor, Ken Lewis. The former CEO hastily gobbled up mortgage giant Countrywide Financial and Merrill Lynch at the height of the financial crisis. In a plan dubbed “New BAC,” Moynihan’s pink-slip program will trim 10 percent from its work force of 275,000. [NYP]

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Minus The Daily Ass-Kickings, Running BofA Is The Best Job Ever, Says Brian Moynihan

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Eighth Grader Isn't Letting Brian Moynihan Off That Easy

Natalie Clarke asked Mr. Moynihan a question and god damn it, she's going to hold his feet to the fire until she gets an answer.

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Brian Moynihan: BofA Execs Might As Well Have The Phrase "Always Be Firing" Tattooed To Their Faces

It's basically the mantra of the company, so.

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Jesus Has A Bone To Pick With Brian Moynihan

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Brian Moynihan Has Total Confidence In Jamie Dimon

He's got this. JPMorgan Chase Chief Executive Officer Jamie Dimon has the experience needed to manage the fallout from trading losses, and market disruptions haven’t been serious, Bank of America CEO Brian T. Moynihan said today. Trading didn’t freeze and markets behaved “reasonably well” given the circumstances after Dimon disclosed at least $2 billion in trading losses at JPMorgan’s chief investment office, Moynihan said today at a Manhattan investor conference. Dimon has shown he’s got the skills to handle the affair, said Moynihan, whose Charlotte, North Carolina-based bank ranks second by assets behind New York-based JPMorgan. [Bloomberg]