Bank of America awarded chief executive Brian T. Moynihan $16 million for his work last year, increasing his potential compensation by 23 percent.
Fresh concerns about the financial industry swept through markets this week as global stocks ended a five-year bull run, with banks supplanting oil drillers as the biggest drag and sending the Standard & Poor's 500 Index to its second straight decline.
The state is investigating whether it can seek to recover money from training grants it gave to United Technologies Electronic Controls in Huntington.
TOKYO Asian shares slid on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets.
Major stock indexes posted weekly losses, putting a damper on a rally Friday in recently battered commodities and banking shares. The gains snapped a five-session losing streak for the Dow industrials and came on the heels of a particularly rough day ...