$124.3 billion Bank of America Corporation has appointed Brian Moynihan, formerly president of Global Corporate and Investment Banking, as general counsel, effective immediately. Moynihan succeeds Timothy Mayopoulos, who has left the company.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...