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Bank of America trims CEO Brian Moynihan’s pay package to $29M
Banking Dive via Yahoo Finance· 4 months agoIt marks the third time in four years the U.S.'s second-largest bank has cut its chief executive's...
BofA trims CEO Moynihan's pay to $30 million as Wall Street curbs compensation
Reuters via Yahoo Finance· 1 year agoNEW YORK (Reuters) -Bank of America Corp reduced compensation for Chief Executive Officer Brian...
Bank of America CEO takes on new role as chancellor of Ivy League university
Charlotte Observer via Yahoo News· 4 months agoBank of America CEO Brian Moynihan was selected by Brown University to become its next chancellor,...
David Solomon's pay rises to $31 million after most challenging year as Goldman CEO
Yahoo Finance via AOL· 4 months agoThe board of Goldman Sachs (GS) awarded CEO David Solomon a 24% compensation increase for 2023...
Bank of America, Wells Fargo announce bonuses to rank and file
Banking Dive via Yahoo Finance· 5 months agoAbout 97% of BofA’s workforce will get restricted stock bonuses worth a collective $800 million,...
Citigroup CEO Jane Fraser gets pay bump to $26 million after a 38% drop in profits
Yahoo Finance via AOL· 4 months agoCitigroup CEO Jane Fraser got a 6% pay bump after a year when profits dropped and Fraser began a...
Morgan Stanley pays ex-CEO Gorman $37M for 2023
Banking Dive via Yahoo Finance· 5 months agoThe total represents a 17.5% jump over 2022 and ensures he is better-paid in his final year as the bank's chief executive than longtime rival Jamie Dimon...
Warren Buffett wants CEOs of failed banks to live like they ‘work on a Ford production line’ and...
Fortune via Yahoo Finance· 1 year agoBerkshire Hathaway boss Warren Buffett doesn't mind upsetting his friends. Despite the billionaire...
Goldman boosts David Solomon’s pay 24% to $31M
Banking Dive via Yahoo Finance· 4 months agoThe bank rewarded its CEO for leading a retreat from consumer lending, despite a 24% dip in net income on the year. The package likely makes Solomon the...
Bank of America raises minimum wage to $23 an hour as part of broader effort
WSOC via Yahoo News· 9 months agoBank of America Corp. will boost its hourly minimum wage to $23 this fall. It marks another step in...