Bank of America Corp increased the compensation for Chief Executive Officer Brian Moynihan by roughly 21% to $35 million for 2024, the lender said in a filing on Friday. That compares with Moynihan's pay of $29 million in 2023.

Bank of America said Friday that it paid its chief executive, Brian Moynihan, $35 million for running the bank last year. That’s a 21% jump from his compensation in 2023, which totaled $29 million. Ba

Bank of America Corp. boosted Chief Executive Officer Brian Moynihan’s pay to $35 million for 2024, a year in which the second-largest US bank boosted its earnings.