Brian Moynihan

Brian Thomas Moynihan (born October 9, 1959) is an American lawyer, businessman and the President and CEO of Bank of America. He also joined the Board of Directors, following his promotion to President and CEO. He resides with his family outside of Boston, Massachusetts.
Posts about Brian Moynihan
  • “Banks Pump Up”? So Do Whistleblower Lawyers!

    … their happiness comes from a perception that regulators will leave them alone for the next 4 years. We aren’t sure that is true. And even if it is, whistleblowers still have the ability to prosecute bad their behavior. False Claims Act and Whistleblower Awards 2016 was the year of the whistleblower. The Justice Department paid out $519 million…

    Due Diligence- 15 readers -
  • What’s a Billion Dollars? (Whistleblower Post)

    … Isn’t It Time to Get Your Piece of the Pie? Hundred of Millions of Dollars in Whistleblower Awards Paid in Bank and Financial Services Cases What’s a billion dollars? To a big bank, not much! Bank of America, Wells Fargo, JPMorgan Chase and Citi reported a combined total of $5.3 billion in litigation expenses last year. That’s how accountants…

    Due Diligence- 34 readers -
  • Has Wall Street Changed?

    … excessive risk taking and hold Wall Street accountable.” The banks were making their own promises too. In 2010, new Bank of America CEO Brian Moynihan said the bank had turned the corner from the “excesses of the economic crisis.” So what happened? The Justice Department got off to a slow start but ultimately hammered Wall Street and collected…

    Due Diligence- 26 readers -
  • Rearranging Deck Chairs on the Titanic (Bank of America)

    … in the largest civil settlement against a single defendant in U.S. history – last year’s $16.65 billion False Claims Act and FIRREA prosecution. [Ed. Note: We were a lead counsel against the bank in this historic victory.] Did CEO Brian Moynihan lose his job? Did heads roll? Did the Board of Directors resign in shame? No, the board of directors voted…

    Due Diligence- 46 readers -
  • Bank of America – Can Brian Moynihan Survive?

    … Last week the Wall Street Journal carried an interesting front page story, “Bank of America’s Woes Test ‘Fixer’ CEO.” The gist of the article is that Bank of America’s CEO, Brian Moynihan, is having problems moving the bank forward. While other big banks are now showing nice profits – and dividends for shareholders – America’s second largest…

    Due Diligence- 24 readers -
  • HSBC – Menace or Monster?

    … has lost all control of the ship. Normally, we would make the same statement about HSBC CEO Stuart Gulliver but recent allegations suggest that he is one of the worst pirates on the ship. In prior posts we have suggested that Bank of America CEO Brian Moynihan and JPMorgan Chase CEO Jamie Dimon are simply bumbling puppets. They probably…

    Due Diligence- 24 readers -
  • Iceland’s Response to Bank Fraud – A Lesson for the U.S.?

    … in the United States if Brian Moynihan, CEO of Bank of America, was featured on the evening news in handcuffs and an orange jumpsuit? Lest anyone think the four men got off easily, their sentences ranged from four to five and a half years. The four executives from Kaupthing bank weren’t the only ones convicted. The CEO’s of two of Iceland’s other big…

    Due Diligence- 13 readers -
  • Bank of America Postscript

    … be the answer for some folks, if a bank treated you unfairly or acted illegally, bankruptcy may not be the best option. Find a lawyer that understands foreclosure defense and lender liability. On the odd chance that this post is circulating through Bank of America, we ask that CEO Brian Moynihan stop making promises and start taking action. Things…

    Due Diligence- 18 readers -
  • Bank of America and HSBC – “Source of Shame”

    … biggest bank and America’s second largest bank, the two institutions control almost $5 trillion in assets… $5,000,000,000,000.00. Every few weeks we read a new scandal, which is immediately followed by well intended but hollow promises to do better. Many of the homeowners I talk to who have lost their homes to predatory lending and predatory foreclosure…

    Due Diligence- 35 readers -