The bank named Dean Athanasia and Jim DeMare co-presidents, while CFO Alastair Borthwick added executive vice president to ...
CEO Brian Moynihan – who has been notoriously cautious leading the nation’s No. 2 bank since the 2008 financial crisis – surprised and delighted insiders and investors alike as he promoted Jim DeMare ...
Bank of America (BAC) has elevated three of CEO Brian Moynihan's lieutenants, clarifying who at the company has the best shot at running the nation's second-largest lender once Moynihan steps down.
Bank of America chief executive Brian Moynihan named a new leadership team in what looks like the start of a horserace to find his successor — but the bank boss also signaled he’d like to keep his job ...
Bank of America elevated veterans Jim DeMare and Dean Athanasia as co-presidents on Friday, giving them expanded oversight and responsibility.
With the Federal Reserve expected to resume interest rate cuts when it wraps up its Federal Open Market Committee today, the central bank needs to keep an eye on changes in inflation when making ...
Bank of America is overhauling its senior leadership team, as the US lender refines its shortlist of candidates who could one day succeed longtime chief executive Brian Moynihan.
Bank of America is revamping its top leadership, but longtime CEO Brian Moynihan signaled he plans to stay at the helm for at least another five years. The Charlotte-based megabank said Friday ...
Bank of America said Tuesday that it will raise the hourly minimum wage of its US employees to $25 by 2025. "It costs us a few hundreds million dollar a year ... but it's an investment," the bank's ...
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Bank of America Corp. Chief Executive Officer Brian Moynihan said he isn’t leaving his post anytime soon as the bank elevates executives to new roles that will give them more experience, sparking ...