Morning Scan: Rocky Transition to Chip Cards; Secrets of Saving
09/03/15
Receiving Wide Coverage ...
Moynihan Under the Microscope: The drumbeat to force Bank of America chief executive Brian Moynihan to give up his additional role as chairman keeps getting louder. The Financial Times reports proxy adviser Glass Lewis is recommending shareholders vote against the board's decision to combine the chairman and CEO role. Major B of A investors including Norges Bank Investment Management and two public pension funds have also come out against the merged roles....
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