Two of the largest public pension funds in America are calling for Bank of America to strip Brian Moynihan of his joint title of Chairman and CEO.

Last October the Bank of America board of directors changed the company bylaws and combined the positions of Chairman and CEO. It was a controversial move. In a response to criticism, the Board allowed for a shareholder vote on the move which scheduled for later this month. 

Charlotte Ranks Third In Nation For Funding Pensions

Jan 17, 2013
Briana Duggan

Charlotte is ranked third in the nation for paying its bills on time. Not just any bills – pension bills. That's according to a new report by The Pew Charitable Trusts. They found that the country's largest cities have an unpaid tab of more than $200 billion when it comes to retirement benefits promised to employees. And it turns out Charlotte has been preparing for retirement relatively well when it comes to pension plans.