Tags: Bank of America Corp.
BAC Stock In Position As the Best In The Sector
Bank of America Corp is seen to significantly benefit from higher interest rates and lighter regulations. From a recorded loss in June, BAC has been recovering with its stock up 20% for the year.
BOA CEO Moynihan Awarded With The Second Largest Pay Package After JP Morgan’s James Dimon
Brian T. Moynihan, the CEO of BOA has been awarded with a pay package of $16 million, a 23% rise from the previous year. However, the package will reach at maximum if BOA can touch 0.80% earning against assets during the next three years. JP Morgan Chase & Co. CEO James Dimon has ranked top in receiving pay packages for the 2015.
Calpers and Calstrs oppose amendment in Bylaws at Bank of America to combine CEO, chairman role
Two giant public pension funds joined forces to oppose corporate bylaw changes at the Bank of America Corp that would make Brian Moynihan both chief executive and chairman.
Cyber IPO pipeline grows as data breaches boost security spending
Rapid7, LogRhythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter.