That is, they seem to believe its simply the right thing to do. CNN Business exclusive: Bank of America CEO says a recession isn't in He says it's important for leaders to consider what's impacting those doing certain projects and how to remove barriers from their work. April 23 (UPI) -- There's a growing rift between corporate America and the GOP -- two groups that have long been bedfellows. How Much Does It Cost to Attend a St. Louis Blues Game? Remember this key thing, if you believe that changes need to happen, it isnt going to happen by charity. Bank of America CEO, Banc of America Securities LLC (2008-09) We need to have a standardized cost of carbon. Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19 . M. K. Chin does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Copyright 2023 United Press International, Inc. All Rights Reserved. Simply saying were not going to hold X or Y in our portfolio does not mean X or Y doesnt keep going on. The issue is also the diversity of purchasing power. [23], "A look at Bank of America's new CEO Brian Moynihan", "Bank of America names Brian Moynihan as new CEO", "Bank of America Board of Directors Elects Brian Moynihan CEO", "Brian Moynihan Elected Chairman of the Board of Directors | Bank of America Newsroom", "Moynihan, in running for Bank of America's top job, has experience winning tough fights", "Bank of America Names Brian Moynihan General Counsel", "Know Your BofA CEO Candidate: Brian Moynihan", "Is Brian Moynihan's Credibility Hurt By Warren Buffett Deal? So we said lets fix that. We have said its a straightforward thing. Weve been investing in teammates, so it probably came up as a number one priority, frankly, in 2020, to keep the teammate safe and do everything we could to enable them to be safe. [17], In July 2020, Moynihan was named Chief Executive Magazines 2020 CEO Of The Year. Here are the five most liberal CEOs, according to the firm's rankings: 5. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. He Quietly Turned Bank of America Around. Scott noted the companys most infamous examples include leveraging its North Carolina headquarters to advocate against the states law protecting residents dignity in public bathrooms, race-conscious training programs it later tried to cover up and a flip-flop on election integrity laws in Georgia and elsewhere. This wouldve been fine if he hadnt been insistent that Bank of America didnt need an infusion of capital. In 2019, Bank of America was the only financial services company on Fortune magazine's list of The Best Big Companies to Work For . POLITICO Q&A: Bank of America CEO Brian Moynihan, Insider Q&A: Brian Moynihan, CEO of Bank of America, Bank of Americas CEO has a message for governments on carbon markets: Give us a price, Why Financing the Multi-Trillion-Dollar Transition to Net Zero Isnt That Hard. There are so many different kinds, from humorous to profound, cute to horrific, its not hard to find a documentary for everyone. By industry, the most transparency could be found at companies in the energy, health, and utility sectors (which are heavily regulated areas, and the pressure for transparency may be greater).
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