Morning Scan: StanChart Back in Hot Water; B of A Investor Vote Loom...

09/21/15

Receiving Wide Coverage ...

B of A Board Reckoning: A special meeting of Bank of America shareholders Tuesday will determine whether chief executive Brian Moynihan is permitted to hang on to the additional title of chairman. The bank's board made a unilateral decision to put Moynihan in the dual role last fall, disregarding a binding 2009 shareholder vote to keep the positions separate. Disgruntled investors saw the move as "a classic case of a too-big-to-fail bank...

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