Brian Moynihan
Encyclopedia
Brian Thomas Moynihan is an American
lawyer, businessman and the President and CEO of Bank of America
. He also joined the Board of Directors, following his promotion to President and CEO. He resides with his family outside of Boston, Massachusetts.
in 1959. He is the sixth of eight children. The youngest of the eight, Moynihan's brother, Patrick, is the president of The Haitian Project
, which runs a private Catholic boarding school for Haiti's disadvantaged in Port-au-Prince.
Moynihan graduated from Brown University
in 1981, where he majored in history, co-captained the rugby
team, and met his future wife, classmate Susan E. Berry.
He earned a J.D.
from the University of Notre Dame Law School, before returning to Providence, Rhode Island
to join Edwards & Angell LLP
, the city’s largest corporate law firm.
in January 2009. He originally joined Fleet Boston in April 1993 as deputy general counsel
, after being recruited from Edwards & Angell by Fleet's then-CEO, Terrence Murray. From 1999 to April 2004, he served as executive vice president, managing Fleet's brokerage and wealth management division after 2000. After Bank of America
merged
with FleetBoston Financial in 2004, Moynihan joined the bank as president of global wealth and investment management.
From December 2008 to January 2009, Moynihan served as general counsel for Bank of America. From October 2007 to December 2008, he served as president of global corporate and investment banking. Moynihan became CEO of Merrill Lynch
after its sale to Bank of America in September 2008.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
lawyer, businessman and the President and CEO of Bank of America
Bank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...
. He also joined the Board of Directors, following his promotion to President and CEO. He resides with his family outside of Boston, Massachusetts.
Early life
Moynihan was born in Marietta, OhioMarietta, Ohio
Marietta is a city in and the county seat of Washington County, Ohio, United States. During 1788, pioneers to the Ohio Country established Marietta as the first permanent American settlement of the new United States in the Northwest Territory. Marietta is located in southeastern Ohio at the mouth...
in 1959. He is the sixth of eight children. The youngest of the eight, Moynihan's brother, Patrick, is the president of The Haitian Project
The Haitian Project
The Haitian Project, Inc. is a Providence, Rhode Island based Roman Catholic non-profit organization dedicated to education in Haiti. Since 1987, it has operated Louverture Cleary School, a Catholic secondary school in Croix des Bouquets, Haiti...
, which runs a private Catholic boarding school for Haiti's disadvantaged in Port-au-Prince.
Moynihan graduated from Brown University
Brown University
Brown University is a private, Ivy League university located in Providence, Rhode Island, United States. Founded in 1764 prior to American independence from the British Empire as the College in the English Colony of Rhode Island and Providence Plantations early in the reign of King George III ,...
in 1981, where he majored in history, co-captained the rugby
Rugby football
Rugby football is a style of football named after Rugby School in the United Kingdom. It is seen most prominently in two current sports, rugby league and rugby union.-History:...
team, and met his future wife, classmate Susan E. Berry.
He earned a J.D.
Juris Doctor
Juris Doctor is a professional doctorate and first professional graduate degree in law.The degree was first awarded by Harvard University in the United States in the late 19th century and was created as a modern version of the old European doctor of law degree Juris Doctor (see etymology and...
from the University of Notre Dame Law School, before returning to Providence, Rhode Island
Providence, Rhode Island
Providence is the capital and most populous city of Rhode Island and was one of the first cities established in the United States. Located in Providence County, it is the third largest city in the New England region...
to join Edwards & Angell LLP
Edwards Angell Palmer & Dodge
Edwards Angell Palmer & Dodge LLP is an AmLaw 100 law firm based in Boston, Massachusetts. The firm was formed by the 2005 merger of Edwards & Angell LLP and Palmer & Dodge LLP...
, the city’s largest corporate law firm.
Career
Moynihan held numerous banking positions before becoming president of consumer and small business banking at Bank of AmericaBank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...
in January 2009. He originally joined Fleet Boston in April 1993 as deputy general counsel
General Counsel
A general counsel is the chief lawyer of a legal department, usually in a corporation or government department. The term is most used in the United States...
, after being recruited from Edwards & Angell by Fleet's then-CEO, Terrence Murray. From 1999 to April 2004, he served as executive vice president, managing Fleet's brokerage and wealth management division after 2000. After Bank of America
Bank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...
merged
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
with FleetBoston Financial in 2004, Moynihan joined the bank as president of global wealth and investment management.
From December 2008 to January 2009, Moynihan served as general counsel for Bank of America. From October 2007 to December 2008, he served as president of global corporate and investment banking. Moynihan became CEO of Merrill Lynch
Merrill Lynch
Merrill Lynch is the wealth management division of Bank of America. With over 15,000 financial advisors and $2.2 trillion in client assets it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York...
after its sale to Bank of America in September 2008.