brian moynihan

Despite Protests, Bank of America CEO's $7 Million Pay Approved

Despite Protests, Bank of America CEO's $7 Million Pay Approved

By Mitch Weiss and Pallavi Gogoi of AP, with AOL Jobs CHARLOTTE, N.C. -- Four people were arrested Wednesday as they tried to force their way into the annual Bank of America shareholders' meeting in Charlotte. Police used a new ordinance to declare the gathering an extraordinary event subject to special... Read More »

Bank Of America Will Eliminate 30,000 Jobs

Bank Of America Will Eliminate 30,000 Jobs

NEW YORK (AP) -- Bank of America is slashing 30,000 jobs as part of an effort to reverse a crisis of confidence among investors. It's the largest single job reduction by a U.S. company this year. Read More »

Bank of America May Cut 10,000 Jobs To Recoup Costs

Bank of America May Cut 10,000 Jobs To Recoup Costs

Bank of America plans to lay off 3,500 employees by the end of next month, and potentially even more than 10,000 total, according to The Wall Street Journal and The New York Times. It's the latest installment of the 30,000 to 35,000 layoffs the bank announced in 2008, which were to be staggered over three... Read More »

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