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B of A's Moynihan Gets a Raise; HSBC Gets Out of Panama

FEB 20, 2013 8:58am ET

Receiving Wide Coverage ...

Moynihan's Big Payday: Brian Moynihan got a big raise in 2012. According to a regulatory filing (and one person "familiar with the matter" who was kind enough to fill in some gaps), the Bank of America CEO's overall pay package totaled $12 million. This includes a $950,000 salary and $11.1 million in restricted shares, which, together represent a 70% increase over his pay in 2011 and the "largest since he took over…

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