Morning Scan: Regulators Launch JPM 'Steering' Probe; Buff...

Receiving Wide Coverage

Support for Moynihan: Warren Buffett is standing up for Brian Moynihan. Bank of America's chairman and chief executive is facing a shareholder vote later this month that could strip him of his chairmanship. Some shareholders are angry that B of A's board reversed a corporate bylaw (which shareholders had approved), to give Moynihan the additional title. Not Buffett. In a CNBC interview on Tuesday, Buffett said the disagreement with shareholders is "no big...