Relevant:
- BofA's Moynihan Says U.S. Lender ‘Still Struggles Mightily' on Mortgages
- BofA's Moynihan `Surprised' by New York Fed Loan Putback Demand
- BofA's U.S. Stress-Test Resubmission Gets Clearance From Fed
- BofA's Moynihan Puts Ex-Colleagues in Key Strategic Posts
- Moynihan Said to Testify in House BofA-Merrill Probe
2011-08-22 — bloomberg.com
"Bank of America Chief Executive Officer Brian T. Moynihan, 51, has been selling businesses and assets as the firm seeks to comply with new international capital standards set by the Basel Committee on Banking Supervision. Last week the company announced it was exiting credit-card markets outside the U.S., and Moynihan said the lender will continue to pursue such sales."
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