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BoA boosts CEO Moynihan’s pay 23% to US$16mn

BLOOMBERG Bank of America Corp. (BoA) awarded Chief Executive Officer Brian T. Moynihan $16 million for his work last year, raising his potential compensation 23 percent. Moynihan received $14.5 million in stock grants for 2015 and left his salary unchanged at $1.5 million, according to a regulatory filing Friday. A year earlier, the Charlotte, North Carolina-based bank gave the CEO ...

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Making Abu Dhabi the perfect host!

RITIKA SHARMA / EMIRATES BUSINESS Abu Dhabi pavilion coordinated by the Abu Dhabi Convention Bureau (ADCB), a division of Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) – was one of the focal points at the recently-held 10th anniversary edition of ibtm arabia in the Emirates capital. ibtm arabia, which is the region’s one of the most-regarded meetings, incentives, ...

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Diamond Developers bring new era of ‘sustainable living’

Our Correspondent/ EMIRATES BUSINESS The Sustainable City — the region’s first fully integrated sustainable metropolitan area, aims to make its citizens more than just tenants, but instead an integral component of its day-to-day functioning. The Sustainable City promotes its tenants as partners that benefit from its host of sustainable and energy-saving features. It is focused on rewarding its residents economically, ...

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