Bank of America wins vote; Moynihan to keep chairmanship

By

Reuters

By

Reuters

September 22, 2015, 10:32 AM ET

Davos Prepares For The World Economic Forum 2014

Brian Moynihan, president and chief executive officer of Bank of America Corp., reacts during a Bloomberg Television interview in Davos, Switzerland, on Tuesday, Jan. 21, 2014. This week the business elite will gather in the Swiss Alps for the 44th annual meeting of the World Economic Forum (WEF) in Davos for the five day event which runs from Jan. 22-25. Photographer: Chris Ratcliffe/Bloomberg via Getty ImagesGetty Images

Bank of America shareholders voted Tuesday to allow CEO Brian Moynihan to keep his chairmanship.

The bank received 63 percent of the vote.

This story is developing.

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