Bank of America (NYSE:BAC) 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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David Hanson owns shares of Facebook, JPMorgan Chase, and Markel. Matt Koppenheffer owns shares of Bank of America, Berkshire Hathaway, JPMorgan Chase, and Markel. The Motley Fool recommends Bank of America, Berkshire Hathaway, Facebook, and Markel. The Motley Fool owns shares of Bank of America, Berkshire Hathaway, Facebook, JPMorgan Chase, and Markel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.