Jan 18 (Reuters) – Brian Moynihan is known inside Bank of America Corp as a problem-fixer and a cost-cutter, according to two executives who have worked with him, and in his three years as the.

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Trading was so heavy that. The deal comes at a cost for Bank of America. The $300 million of annual dividend payments it makes will cut into earnings per share and the deal will influence its.

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BofA’s Moynihan Says Trading Unit Faces Further Cost Cuts. The Compliance Exchange May 28, 2015 Bank of America, Wall Street in the News No Comments. Bank of America Corp., the second-biggest U.S. lender, will have to reduce expenses further in its markets trading division unless revenue.

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Moynihan’s experience during the bank’s fourth-quarter earnings report likely set the stage for what he can expect for most of this year. On Jan. 15, as B of A wrapped up its $8 billion expense-reduction plan called "New BAC," he was pressed for details on where he planned to cut further costs.

(Reuters) – Goldman Sachs Group Inc’s (GS.N) profit plunged 38 percent, its second straight quarterly drop, depressed by a steep decline in bond trading revenue triggered. least a 10 percent ROE to.

Trading was so heavy that. The deal comes at a cost for Bank of America. The $300 million of annual dividend payments it makes will cut into earnings per share and the deal will influence its.