(Reuters) -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 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.

Good morning. The Fortune CEO Initiative kicked off in Palm Beach, Florida, yesterday, with a town hall meeting headlined by Bank of America CEO Brian Moynihan. Moynihan began with his analysis of the economy, which was considerably less dire than other prognosticators:

The point of Donald Trump’s jab at Bank of America CEO Brian Moynihan was not just to dunk on one prominent financier. It was also a warning to every executive at Davos, and everyone watching the livestream around the world,

President Donald Trump publicly blasted Bank of America CEO Brian Moynihan at the World Economic Forum in Switzerland, accusing the financial giant of “debanking” his conservative supporters. Trump took Moynihan to task at Davos — the snooty Alpine talking shop for the self-styled global elite — over allegations that BofA cancelled the accounts of Christian activist groups,

President Donald Trump called out Bank of America CEO Brian Moynihan at the World Economic Forum, saying some conservatives complain the bank will not take their business.