(Bloomberg) -- When Bank of America shareholders gather next month to decide if Brian Moynihan can keep his chairman title, they wont be the only ones about to weigh in on his career.
The Sept. 22 vote comes a week before the bank has to prove it has a firm grip on risk as it resubmits a capital plan to the Federal Reserve. If the Fed finds the lender didnt fix weaknesses disclosed in March, it could crimp dividends or share buybacks for the third time during Moynihans tenure as chief executive officer. Thats already a sore point for investors getting one of the smallest payouts among U.S. banks.
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