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  • Bank of America may be looking to drop longtime CEO Brian Moynihan

    10/19/2024 1:00:07 PM PDT · by DFG · 11 replies
    NY Post ^ | 10/19/2024 | Charles Gasparino
    On the face of it, Wall Street seems to like Bank of America CEO Brian Moynihan. Last week, the nation’s second-biggest bank said its earnings fell less than expected, and the media portrayed it as a victory. The stock went up. Ask analysts and investors, and there’s a vague consensus: Hey, the CEO has been there for 15 years. Let the board grant his wish: Let him run the place for five more — until he’s 70. Inside, however, the troops are getting restless, and for plenty of reasons. Culturally, Moynihan is an odd fit for an outfit that’s based...