Bank of America shareholders will get the chance to vote on whether the lender’s board should have allowed CEO Brian Moynihan to add the chairman title last year.
Bank of America is one of the largest fully integrated financial services companies in the world.
Jennifer Mihocko-Tierney, Bank of America's head of electronic foreign-exchange sales for the Americas, has left the company, according to two people with knowledge of the matter who requested anonymity to discuss personnel matters.
Despite recent management changes, Brian Moynihan is the right guy and Bank of America is the right stock, says Dick Bove.
A former powerhouse investment broker, who managed $1.3bn for Merrill Lynch before he was fired, has been permanently banned from the securities industry for charging his customers excessive fees and making unauthorized trades, the industry’s regulator said Tuesday.
Samina Akram left her job at Merrill Lynch International Bank eight years ago to start her own consultancy in London specializing in Shariah-compliant finance. Now she’s seeking to empower women in male-dominated Islamic banking.
Allen & Co, the boutique investment bank known for its annual conference in Idaho’s Sun Valley, has hired Bank of America veteran Scott Bacigalupo to expand its stock-trading business, people with knowledge of the matter said.
Bank of America General Counsel Gary Lynch, who was named vice chairman this week as part of a broad management shake-up, will step down as the company’s chief lawyer after a replacement is found.
A surprise departure of a well-respected executive has the rumor-mill working overtime again.
Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury auctions that harmed both investors and borrowers.
Bank of America CEO Brian Moynihan named the fourth finance chief of his tenure in a broad shakeup as he seeks to overcome regulatory hurdles and reverse shrinking revenue.
Bank of America Merrill Lynch has announced that Fabrizio Gallo is joining the company from Brevan Howard Asset Management as co-head of Global Equities and EMEA Global Markets.
Zach Barratt, a high-yield debt trader at Bank of America, left the bank to join Apollo Global Management’s credit business, according to two people with knowledge of the move.
There’s good news for Europe’s bond traders: at least one corner of the market is still hiring.
HSBC has hired Lilia Karboub from Deutsche Bank to trade credit-derivatives indexes in London, according to two people familiar with the matter.
Bank of America Merrill Lynch has hired Marcus Hiseman from Morgan Stanley as head of corporate debt capital markets for Europe, Middle East and Africa (EMEA), according to an internal memo seen by Reuters on Monday.
Deutsche Bank’s global head of mergers and acquisitions, Henrik Aslaksen, is leaving the bank, according to people with knowledge of the matter.
Sad to report that Thomas Candillier, head of European cash equity sales at JPMorgan, has died at the age of 37.
Bank of America’s Merrill Lynch unit was sued by a Portuguese investment firm over a share sale that’s being probed by Italian regulators for potential market abuse.
Standard Chartered has replaced UBS as one of its corporate advisors as it attempts to improve its relationship with major shareholders.
Under pressure from its U.S. regulator, Bank of America has shifted its compliance group from its legal department to its risk oversight group, a source familiar with the matter said.
Bank of America shareholders face a referendum on oversight in the banking industry when they vote on a crucial leadership decision later this month, CLSA analyst Mike Mayo said Tuesday.
Sad to report.
When Bank of America shareholders gather next month to decide if Brian Moynihan can keep his chairman title, they won’t be the only ones about to weigh in on his career.