Bank of America investors back executive pay, directors
FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri
NEW YORK (Reuters) - A majority of Bank of America investors voted to approve the bank's executive pay plans and to reelect the board's directors at the bank's annual shareholder meeting, held online on Tuesday.
None of the four shareholder proposals, which included a proposal to conduct a racial equity audit, received enough votes to pass, according to a preliminary tally of the votes.
(Reporting By Elizabeth Dilts Marshall, Editing by Franklin Paul)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- FirstEnergy Corp. (FE) PT Raised to $35 at BofA Securities
- Tesla shares rise ahead of quarterly results
- Analysts are less bullish on Magnificent 7, Big Tech as rally loses steam
Create E-mail Alert Related Categories
General News, ReutersRelated Entities
BofA/Merrill LynchSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!