Charles Schwab Corp, whose antitrust claims against banks over manipulation of the London interbank offered rate were tossed from federal court in New York, has sued Bank of America Corp. and other financial institutions for fraud in state court in San Francisco.
Bloomberg reports that Bank of America CEO Brian Moynihan saw his 2010 compensation cut 70% to $1.94m.
Schwab is one of the largest brokerage firms in the US.
Charles Schwab Corp, whose antitrust claims against banks over manipulation of the London interbank offered rate were tossed from federal court in New York, has sued Bank of America Corp. and other financial institutions for fraud in state court in San Francisco.
