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Bank of America executive gets 2 years, 2 months

Bank Of America Building

A former Bank of America executive was sentenced to two years and two months in prison on Monday after pleading guilty to participating in a scheme to defraud cities and towns by rigging bids to invest municipal bond proceeds.

Thomas May re-elected to Bank of America board

Bank Of America Corner Signs

Thomas May, a Bank of America board member who helped combine the firm’s chief executive officer and chairman roles, was re-elected with 66% of the vote, the least of any director, and down from 98 percent last year.

Hold Bank of America accountable: Analyst

Brian Fonzie Moynihan

Shareholders should throw out Bank of America's corporate governance board following its decision to promote CEO Brian Moynihan to chairman of the board in October, CLSA bank analyst Mike Mayo said Friday.

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Bank Of America Building

Bank of America executive gets 2 years, 2 months

A former Bank of America executive was sentenced to two years and two months in prison on Monday after pleading guilty to participating in a scheme to defraud cities and towns by rigging bids to invest municipal bond proceeds.

Brian Moynihan Davos 2013 Pic

Bank of America cuts CEO pay

Bank of America’s chief executive, Brian Moynihan, took a 7% pay cut in 2014, as the giant bank faced mounting legal costs related to government investigations into the sale of mortgage investments leading up to the financial crisis.

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Bank Of America Building

Bank of America executive gets 2 years, 2 months

A former Bank of America executive was sentenced to two years and two months in prison on Monday after pleading guilty to participating in a scheme to defraud cities and towns by rigging bids to invest municipal bond proceeds.