What's Behind BofA Awarding CEO Moynihan $20 Million?

The video discusses the significant pay package awarded to Bryan Wiener, highlighting his achievements in leading the bank to its best profit year in a decade. It examines the bank's stock performance, which outpaced the S&P 500, and details Wiener's cost-cutting strategies, including staff reductions and technological advancements. The video also compares Bank of America's performance with Citigroup, noting the latter's profit decline and challenges in emerging markets.

What was the percentage increase in the bank's profits under Bryan Wiener's leadership?

• 13%

• 18%

• 15%

• 10%

How much did Bryan Wiener's pay package amount to?

• $20 million

• $18 million

• $15 million

• $25 million

Which factor contributed significantly to Bank of America's improved efficiency?

• Expansion into new markets

• Increased marketing expenses

• Investment in technology

• Hiring more staff

What was the main reason for Michael Corbat's pay cut at Citigroup?

• Higher interest rates

• Decrease in Citigroup's profits

• Increase in Citigroup's market share

• Improved performance in emerging markets

By what percentage did Citigroup's profits decrease under Michael Corbat?

• 10%

• 12%

• 14%

• 16%