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+ | <p itemprop="articleBody"> Bank of America reported earnings of $2 billion in the last three months of 2011, up from a net loss of $1.2 billion in the same period a year ago, boosted in part from a one-time gain on the sale of China Construction Bank. During a conference call last week,cheap real jordans, Bank of America's CEO,real cheap jordans retro, Brian Moynihan, revealed the failed plan to impose a $5 debit card monthly fee contributed to a 20 percent increase in closed accounts in the last three months of 2011. < p> | ||
+ | <p itemprop="articleBody"> The top executives at JPMorgan Chase, Citigroup,cheap jordans free shipping,cheap jordans online, and Morgan Stanley received stock award pay cuts of 15 to 25 percent after their shares took a beating in 2011. But their pay packages are still eye-popping for an industry that required a massive government bailout a few years ago. < p> | ||
+ | <p itemprop="articleBody"> JPMorgan Chase, whose profit fell 23 percent in the fourth quarter,, saw stock bonuses fall for its top executives though the pay of CEO Jamie Dimon remained about the same. < p> | ||
+ | <p itemprop="articleBody"> The top 13 executives at JPMorgan Chase had a 15 percent cut in stock awarded, which is only a portion of executive compensation. Those executives received $60.9 million in restricted shares plus stock options, Bloomberg reported. Dimon's pay package was about $23 million. < p> | ||
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