By Lananh Nguyen, Ateev Bhandari and Saeed Azhar NEW YORK (Reuters) – Bank of America appointed Dean Athanasia and Jim DeMare as co-presidents on Friday, in a sign that the second-largest U.S. lender is preparing potential successors for CEO Brian Moynihan. Chief Financial Officer Alastair Borthwick was named an executive vice president. “In their new roles as co-presidents, Dean and …
Read More »Stock-market bulls convinced of the power of AI to transform the economy often shrug off comparisons to the dot-com bubble a quarter century ago. The real profits are already showing up, unlike in the early days of the internet boom — so it is different this time, the thinking goes. But Bank of America strategist Michael Hartnett has a message for …
Read More »Bank of America’s junior bankers are the latest young cohort on Wall Street to receive new guidance on accepting hush-hush private equity jobs while employed by the bank. The Brian Moynihan-led bank will ask its analysts to disclose whether they have offers for future-dated jobs, according to a person with direct knowledge of the matter. The policy was first reported …
Read More »Exclusive | Lawmakers Subpoena JPMorgan and BofA Over IPO of Chinese Battery Giant – WSJ The Wall Street JournalView Full Coverage on Google News Source link
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