News Brian Moynihan

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Bank of America Uses Attack Dog to Smear NY AG Schneiderman

news.firedoglake.com
[Firedoglake] - I could barely suppress a laugh when reading about Bank of America CEO Brian Moynihan begging Tim Geithner to settle the foreclosure fraud issue so they can get out from under their liability. As Yves Smith points out, if Tim Geithner had the power to

Running on Empty

online.wsj.com
[Wall Street Journal] - Bank of America CEO Brian Moynihan attempting to comfort investors amid a massive stock plunge: "Everybody should rest assured that my entire net worth is in this company." See, don't worry. He's dumb with his own money, too.

Time to Bet on Bank of America

online.barrons.com
[Barron's] - CEO Brian Moynihan failed to convince investors on a conference call last week that the bank had turned things around. But with tons of bad news priced into the stock, a few quiescent quarters may be all it takes to lift the shares out of their funk.

Golden Years: A Very Different Standard

online.barrons.com
[Barron's] - BofA CEO Brian Moynihan sought to restore investor confidence in a special call. The Wall Street Journal also reported that bank officials met with Treasury Secretary Timothy Geithner and Fed officials, reportedly to discuss issues related to housing

BofA turmoil draws recruiting sharks to Merrill

www.reuters.com
[Reuters] - Earlier this week BofA Chief Executive Brian Moynihan knocked down speculation that BofA would sell or spin off Merrill. Since the merger, the wealth management business, which includes Merrill and a legacy private banking business, has been a steady

Goldman Sachs CEO Lloyd Blankfein loses $50m after stock market plunge

www.dailymail.co.uk
[Daily Mail] - 'My entire net worth is in this company,' Bank of America CEO Brian Moynihan, 51, told Bloomberg earlier this week. 'We believe in the stock.' The value of his shares dropped from $4.7million on July 29 to $3.3million on Wednesday as the

Google News: Why JPMorgan Is Class President, While Bank of America Gets Slurpied By Investors

[CNBC.com] - By contrast, B of A chief Brian Moynihan's 90-minute public conference call with investors early that same afternoon failed to inspire his shareholders – who in fact sank his stock nearly 4% over the two-day period. Blame the CEO factor, for one.

Bank of America Credit Swaps Lead Surge in U.S. Lender Risk for Second Day

www.bloomberg.com
[Bloomberg] - Charles, speaking with Erik Schatzker on Bloomberg Television's "InsideTrack," also discusses Bank of America's Chief Executive Officer Brian Moynihan. (Source: Bloomberg) The cost to protect against a default by US banks rose and a benchmark gauge of

Google News: Poachers Eyeing Merrill Lynch Brokers

[Wall Street Pit] - The mortgage problem has placed the job of CEO Brian Moynihan in jeopardy. Those mortgages were sold by the bank's Countrywide Financial unit, but one bright spot in the bank's current problems has been the performance of its Merrill Lynch brokerage

BofA's Moynihan's Admits He Isn't All Smiles About Purchase of Countrywide

nationalmortgageprofessional.com
[National Mortgage Professional Magazine] - In Moynihan's (Bank of America's Chief Executive Brian Moynihan) most candid remarks yet about the troubled mortgage business, he told the listeners Berkowitz said were on the call: "Obviously, there aren't many days when I get up and think

Rising fears sink shares of global banks

www.theglobeandmail.com
[Globe and Mail] - “The markets continue to reflect tremendous uncertainty in demand for products and economic growth prospects for companies and economies, and uncertainty about the debt burdens of the US and other nations,” Brian Moynihan, chief executive officer of

Press Digest - Financial Times - Aug 10

www.reuters.com
[Reuters] even as market ructions complicate discussions about how to proceed with Bank of America and Barclays , owners of sizeable stakes. here#axzz1UODdGCoL Brian Moynihan, chief executive of Bank of America , faces a crucial conference call with Wall

Banks Face Two More Years of Famine

online.wsj.com
[Wall Street Journal] - Bank of America Chief Executive Brian Moynihan on last month's earnings call highlighted the issue. The boost to the bank's deposit business if interest rates return to more normal levels "ought to be worth $3 billion, sort of, annually.

Market Rally in US and Asia Starts to Falter in Europe

www.nytimes.com
[New York Times] - Worried investors were looking ahead to a conference call later Wednesday with the Bank of America chief executive, Brian Moynihan. Bank of America has been under pressure, with its share price falling 43 percent so far this year.

US stocks slammed on Europe debt woes

www.marketwatch.com
[MarketWatch] - /quotes/zigman quotes/nls/bac BAC +6.65% shares slid 11% after Brian Moynihan, its chief executive officer, told a conference call the lender is positioned to perform even in a slower recovery, but also said economic fundamentals have improved

Google News: Should BAC Keep Moynihan as CEO?

[CNBC.com (blog)] - It's been a rough year for Bank of America As we wait for that, we want to know if you think Bank of America should keep Brian Moynihan as CEO? Share your opinion:

Latest Updates on the Financial Markets

www.starnewsonline.com
[StarNewsOnline.com] - In particular, investors will be tuning into an open conference call at 1 pm with Brian Moynihan, Bank of America's chief executive, in which he will layout his plans to one of the company's biggest shareholders, Fairholme Funds.

Wednesday Papers: Fed moves to tackle struggling economy - money and other news

citywire.co.uk
[Citywire.co.uk] - Brian Moynihan, chief executive of Bank of America, faces a crucial conference call with Wall Street investors today, after a sharp decline in the bank's share price and continued questions over its exposure to mortgage losses and litigation.

Google News: US stocks open sharply lower

[Financial Times] - The chief executive of Bank of America, Brian Moynihan, sought to allay fears. On Wednesday he said the bank would seek to pay a dividend as soon as possible, and said it would not seek new equity capital. But the two largest US financial institutions

Google News: Financial Giants Turning Into 'Zombie Banks': Whitney

[CNBC.com] - In the case of BofA, Whitney praised CEO Brian Moynihan, who has come under fire as the company's shares have tumbled nearly 40 percent in the past month and more than 53 percent in the past year. Moynihan defended his performance in a CNBC interview

Google News: Investing in Banks: Financials Rally After Monday's Sell-Off

[Wall St. Cheat Sheet] - CEO Brian Moynihan sent employees a letter Monday night expressing his management team's understanding that shareholders were concerned over the declining stock, but reminded them that the bank's capital ratios are now much stronger than they were

Google News: Dick Bove: Moynihan's Credibility Has Fallen Dramatically

[Wall Street Pit] - Bove said that while CEO Brian Moynihan's “credibility has fallen dramatically”, “everything is fine at Bank of America.” He went on to say that the bank “has more than enough cash” and does not need to raise capital in order to survive.

Uncertainty and indecision threaten Bank America and global markets

blogs.reuters.com
[Reuters Blogs (blog)] - Let's start the narrative with a last, Hail Mary move by BAC CEO Brian Moynihan, who put the shell corporation that is the legal successor to the Countrywide business into bankruptcy after settlement efforts fail. This engraved message from Moynihan to

Google News: CNBC EXCLUSIVE: CNBC MEDIA ALERT: CNBC'S MARIA BARTIROMO SPEAKS WITH BANK OF ...

[CNBC.com (blog)] - WHEN: TODAY, TUESDAY, AUGUST 9TH AT 4PM ET WHERE: CNBC'S "CLOSING BELL WITH MARIA BARTIROMO" In a CNBC EXCLUSIVE interview, CNBC's Maria Bartiromo speaks with Bank of America CEO Brian Moynihan today at 4PM ET on CNBC's "Closing Bell with Maria

Google News: Dow Jones, Bank of America Gain on Tuesday Trading

[International Business Times] - BoA chief executive Brian Moynihan assured investors that the company can withstand the losses associated with its mortgage company, Countrywide Financials, and that it was going in the right direction. "We are aggressively taking action to put the

Google News: B of A's Brian Moynihan Faces (More) Trouble from Investors

[Mogulite] - Remember two days ago when Bank of America announced that CEO Brian Moynihan was subjecting himself to “tough questions” from hedge fund investors on August 10? It was, by most accounts, an unorthodox move — but with the stock taking a 28-percent hit

With Share Prices Hurting, Companies Get Creative

online.wsj.com
[Wall Street Journal] - Bank of America Corp. confirmed Thursday that Chief Executive Brian Moynihan has agreed to be interviewed by fund manager Bruce Berkowitz in a 90-minute conference call where "skeptics are invited to participate." Mr. Berkowitz "will ask the toughest

Bank of America's CEO Moynihan asks Congress to act on debt ceiling

www.bizjournals.com
[Bizjournals.com] - Bank of America CEO Brian Moynihan on Thursday joined with fellow CEOs of the nation's largest banks to send a letter to Congress asking for lawmakers to strike a deal to avoid default on US debt. The letter is signed by 14 financial services CEOs who

Dimon and other CEOs urge deal on debt limit

www.marketwatch.com
[MarketWatch] - The letter was signed by Brian Moynihan, chief executive officer at Bank of America Corp. /quotes/zigman quotes/nls/bac BAC +0.95% , Vikram S. Pandit, chief executive officer of Citigroup, Inc., Lloyd C. Blankfein, chairman and CEO of Goldman

Top Wall Street CEOs warn Obama, Congress on debt ceiling

latimesblogs.latimes.com
[Los Angeles Times (blog)] - The executives, including Lloyd Blankfein of Goldman Sachs Group Inc., Jamie Dimon of JPMorgan Chase & Co., and Brian Moynihan of Bank of America Corp., said the struggling economy would take another serious hit if the $14.3-trillion debt ceiling

All web results to the name "Brian Moynihan"

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