Bank of America Corp.'s CEO Brian Moynihan was paid 250 times more than the bank's median employee in 2017. According to a proxy filing, Moynihan's annual total compensation
On the M&A
In asset management
The Zohar funds, which have been battling litigation for years, have filed for bankruptcy, seeking to monetize their valuable assets and pay off all allowed claims in full.
In cryptocurrency
In other parts of the world
Asia-Pacific: Warburg Pincus in Vietnam deal; 2 Japan banks to merge; Lotte Card M&A gets nod
Europe: ING scraps CEO pay rise plan; Monte dei Paschi names CFO
Middle East & Africa: QNB seeks higher foreign ownership cap; Ghanaian bank to raise 330M cedis in IPO
The day ahead
Early morning futures indicators pointed to a higher opening for the U.S. market.
In Asia, the Hang Seng rose 0.02% to 31,601.45, and the Nikkei 225 climbed 0.66% to 21,968.10.
In Europe, around midday, the FTSE 100 dropped 0.02% to 7,213.59, while the Euronext 100 rose 0.21% to 1,034.61.
On the macro front
The NFIB small business optimism index, the consumer price index and the Redbook are due out today.
The Daily Dose is updated as of 7:30 a.m. ET. Some external links may require a subscription.
