Moynihan Blocks Bank of America Broker Pay Cut

Dec. 20 (Bloomberg) -- Bloomberg's Michael Moore reports that Bank of America CEO Brian Moynihan blocked a proposal to cut the main component of most brokers’ pay for 2013. The plan would have reduced the so-called grid payout for Merrill Lynch financial advisers by two percentage points. He speaks on Bloomberg Television's "Market Makers."
`Time Is of the Essence' for Greece to Reach Deal: Lew
56:56 - U.S. Treasury Secretary Jacob J. Lew speaks about the U.S. and global economies, Greece's debt crisis and International Monetary Fund reforms. Lew speaks at news conference at the 2015 World Bank Group/IMF Spring Meetings in Washington. (Source: Bloomberg)
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