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Bank of America names CEO Brian Moynihan chairman of board

Moynihan succeeds Charles "Chad" Holliday, the former chief executive of the chemical company E.I. du Pont, who served as the bank's chairman for more than four years.

Bank of America names CEO Moynihan chairman of board

He succeeds Charles "Chad" Holliday, the former chief executive of the chemical company E.I. du Pont de Nemours and Co (DD.N), who served as the bank's chairman for more than four years. The Charlotte, North Carolina-based bank said Jack Bovender, the former chief executive of hospital operator HCA Inc (HCA.UL) and a member of the bank's board since August 2012, will become its lead independent ...

BofA CEO Moynihan Appointed Chairman as Crisis Era Fades

Bank of America Corp. (BAC) elected Chief Executive Officer Brian T. Moynihan chairman of the board after he helped lead the company through legal disputes tied to the financial crisis. Jack Bovender, 69, who joined the board in August 2012, was elected lead independent director. Moynihan, who turns 55 next week, is approaching his fifth anniversary as Bank of America's CEO. He spent much of his ...

After-hours buzz: DirectTV, Bank of America, PTC & more

CNBC: Bank of America - Shares ticked higher after the financial provider said it elected Brian Moynihan chairman of its board of directors, succeeding Charles Holliday. Portola Pharmaceuticals - The drug maker's shares slid almost 4 percent after having ...

CEO Moynihan named chairman of Bank of America

Bank of America CEO Brian Moynihan late Wednesday was named chairman of the Charlotte-based bank, becoming the lender’s first chief executive to hold the post since Ken Lewis was stripped of the title five years ago.

Bank of America Board Gives Chairman Job to Brian Moynihan

Wall Street Journal: The Charlotte, N.C., lender—the second-largest U.S. bank by assets—said the current chairman, Chad Holliday, will remain on the board as Mr. Moynihan, 54 years old, expands his duties. The bank split the roles of chairman and CEO in 2009 after a ...

Bank of America CEO Moynihan Named Chairman, Succeeding Holliday

Bank of America Corp.'s Brian Moynihan, joins JPMorgan Chase & Co.’s Jamie Dimon and Goldman Sachs Group Inc.’s Lloyd C. Blankfein in holding both the chief executive officer and chairman roles.

UPDATE 1-Bank of America top US muni underwriter so far in 2014

Reuters: Bank of America, which was also top underwriter in 2013, was followed by Citi, which had 264 deals totaling $24.35 billion in the first nine months of 2014. California issued the most debt in the first three quarters of the year, $5.04 billion spread ...

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BANK OF AMERICA WILL PAY..

Bank of America paying $7.65M to US

USA TODAY: NEW YORK — The Securities and Exchange Commission says Bank of America will pay $7.65 million to settle allegations that it overstated how much capital it had on its books. Bank of America Corp. said in April that it had made an error in how it how it ...

Bank of America Settles SEC Allegations for $7.65 Million

The Securities and Exchange Commission says Bank of America will pay $7.65 million to settle allegations that it overstated how much capital it had on its books.

BANK OF AMERICA MERRILL LYNCH..

Bank of America Merrill Lynch Invites Sibos Attendees to Take One Step Closer

MarketWatch: BOSTON, Sep 29, 2014 (BUSINESS WIRE) -- Bank of America Merrill Lynch has announced, for the third consecutive year, that in lieu of offering gifts to clients attending the annual Sibos* conference, the company will make a charitable donation on behalf ...

Bank of America Merrill Lynch: Recovery “missing” housing contribution

Housing Wire: The latest Securitization Weekly Overview from mortgage-bond analysts at Bank of America Merrill Lynch highlights the difficulty of millennials getting mortgages. This age demographic joining the mortgage market, in the form of first-time homebuyers ...

Lard Friese to present at Bank of America Merrill Lynch conference

Today, Lard Friese, CEO of NN Group, will present at the Bank of America Merrill Lynch 19 th Annual Banking & Insurance CEO Conference in London. The theme of this year`s conference is `Low rates and heavy ...

BANK OF AMERICA CORP..

One Factor Driving Bank of America (BAC) Stock Up Today

TheStreet.com: "We rate BANK OF AMERICA CORP (BAC) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.

One Factor Driving Bank of America (BAC) Stock Up Today.

TheStreet.com: "We rate BANK OF AMERICA CORP (BAC) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.

Bank of America Fined For Regulatory Capital Issues, Cooperates With SEC

ValueWalk: Bank of America Corp (NYSE:BAC) appears to have had marked-to-the-market accounting issues and was fined by the U.S. Securities and Exchange Commission $7.65 million for overstating regulatory capital to the tune of “billions of dollars.” The bank ...

Bank of America Corp (NYSE:BAC), Barclays PLC (ADR) (NYSE

Bank of America Corp (NYSE:BAC) has lost one of its top deal bankers to Barclays PLC (ADR) (NYSE:BCS), as the British Bank looks to continue its success in the M&A advisory business.

Chevron Corporation (NYSE:CVX), Bank Of America Corp (NYSE

BidnessEtc takes a look at the reasons why Chevron Corporation (NYSE:CVX) was downgraded by Bank of America yesterday.

BANK OF AMERICA SETTLES..

Bank of America Settles SEC Case on $4 Billion Accounting Error

New York Times: The $7.65 million penalty, which is minuscule compared with the $16.65 billion the bank had paid to settle its mortgage-related misdeeds, caps an embarrassing flub for Bank of America. In March, the bank had easily passed the Federal Reserve's annual ...

Bank of America settles SEC charges for $7.65 mln

MarketWatch: Bank of America Corp. will pay a $7.65 million penalty over a $4 billion capital error it disclosed earlier this year. The Securities and Exchange Commission said Monday that it had charged the bank with breaking civil securities laws related to ...

DealBook: Bank of America Settles S.E.C. Case on $4 Billion Accounting Error

The bank agreed to pay $7.65 million to settle federal charges that it violated record keeping and internal rules in overstating the capital cushion that regulators require the bank to hold.

OPPONENT OF BANK..

Opponent Of Bank Of America $8.5 Billion Mortgage Deal Drops Out

Business Insider: NEW YORK (Reuters) - A key opponent of Bank of America Corp's proposed $8.5 billion settlement with investors in mortgage-backed securities has dropped its objections, marking another step forward for the deal to receive final court approval. Opponents ...

Opponent of Bank of America $8.5 billion mortgage deal drops out

A key opponent of Bank of America Corp’s proposed $8.5 billion settlement with investors in mortgage-backed securities has dropped its objections, marking another step forward for the deal to receive final court approval. The Triaxx entities filed a proposed order to withdraw from the case in New York state court on Tuesday. American International Group Inc, which led objectors to the settlement ...

DEBIT CARDS..

Bank of America releases debit cards with microchips

Charlotte Observer: Bank of America said it plans this week to begin issuing customers new debit cards embedded with microchips designed to better protect consumers from fraud. In an announcement Tuesday, the Charlotte-based bank said the chips will be in all debit cards ...

Bank of America rolls out EMV chip debit cards

Bank of America Corp. says it has begun including a new security feature on its debit cards, becoming the first major U.S. bank to add chip technology to its cards. All new BofA debit cards issued from now on will include chip technology, or EMV as its ...

Bank of America 'chips' its debit cards

MarketWatch: NEW YORK (MarketWatch) – Bank of America Corp. is the first major U.S. bank to issue debit cards with chip technology, a move that other banks are sure to follow, according to financial industry experts. The bank says it already offers the chips on ...

Bank of America releases debit cards with microchips

Bank of America said it plans this week to begin issuing customers new debit cards embedded with microchips designed to better protect consumers from fraud. In an announcement Tuesday, the Charlotte-based

Bank of America rolls out debit cards with microchips

Bank of America said it plans this week to begin issuing customers new debit cards embedded with microchips designed to better protect consumers from fraud.

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