Bank of America CEO earned ₹134 crore in a year
Bank of America awarded its Chief Executive Officer Brian T. Moynihan $20 million (over ₹134 crore) for his work last year, raising his compensation by as much as 25% from the previous year. The second largest US lender increased profit by 13% in 2016. Notably, Bank of America shares climbed 31% in 2016, the most among largest US deposit-taking lenders.