Filed under: Investing
Bank of America is giving its CEO a pay bump. During his four years as CEO, Brian Moynihan has dealt with a handful of issues but has methodically worked the bank, and shareholders, through them. By closing branches and cut back staff, Moynihan has been able to boost the bank's bottom-line and regain investors' confidence by settling lawsuits and securing timely investments.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson play a round of "Fool in the Blank" and discuss Moynihan's performance, weird insurance policies and the future of banking.
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The article Why Bank of America's CEO Is Worth Every Penny originally appeared on Fool.com.
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