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UPDATE 1-ISS urges shareholders vote to strip BofA CEO Moynihan of chairman title

BOSTON, Sept 4- Proxy adviser Institutional Shareholder Services on Friday recommended Bank of America shareholders vote to strip Chief Executive Brian Moynihan of his additional title of chairman, joining a chorus of critics ahead of a Sept. 22 shareholder meeting on the matter. The Charlotte, North Carolina- based bank, which named Moynihan chairman in 2014,...
Source: Reuters
No rush to hike rates: Pro  

Ethan Harris, BofA Merrill Lynch, and Steven Wieting, Citi Private Bank, share their expectation on the jobs report and its implications for interest rates.
Source: CNBC.com
CalPERS, CalSTRS wants independent BofA Chair  

CalPERS and CalSTRS are opposing an amendment that would allow BofA's Brian Moynihan to stay as both Chairman and CEO. Here's why, with Anne Simpson, CalPERS.
Source: CNBC.com
A key asset class investors can no longer ignore

Most investors have some exposure to global equities but are perfectly fine having no exposure to international bonds. Is that a mistake?
Source: CNBC.com | By: Joe D'Allegro, special to CNBC.com
UPDATE 1-Miami mortgage lawsuits vs BofA, Citigroup, Wells Fargo are revived

Sept 1- A federal appeals court on Tuesday revived three lawsuits in which the City of Miami accused Wells Fargo& Co, Bank of America Corp and Citigroup Inc of predatory mortgage lending to black and Hispanic borrowers. District Judge William Dimitrouleas in Fort Lauderdale, Florida dismissed Miami's lawsuits. "It is clear that the harm the city claims to have...
Source: Reuters | By: Jonathan Stempel
Miami lawsuits vs BofA, Citigroup, Wells Fargo are revived

Sept 1- A federal appeals court on Tuesday revived three lawsuits in which the City of Miami accused Bank of America Corp, Citigroup Inc and Wells Fargo& Co of violating the federal Fair Housing Act by engaging in predatory lending. The 11th U.S. Circuit Court of Appeals said a lower court judge applied too stringent a standard in dismissing the city's claims.
Source: Reuters
BofA proposal makes mockery of oversight: Mayo

Bank of America's move to combine the role of CEO and board chair makes a mockery of efforts to improve bank oversight, Mike Mayo said.
Source: CNBC.com | By: Tom DiChristopher
BofA statement on duel leadership role  

Bank of America sent CNBC the following statement regarding its decision to combine the role of CEO and chairman.
Source: CNBC.com
Early movers: AAL, DAL, FDX, FCX, AAPL & more

These are the stocks posting the largest moves before the bell.
Source: CNBC.com | By: Peter Schacknow
Vote 'no' on BofA duel leadership role: Mike Mayo  

Mike Mayo, CLSA Americas managing director, explains why he is urging shareholders to vote for separate leadership roles at Bank of America and separate Brian Moynihan's position as both CEO and chairman.
Source: CNBC.com