MAYO: 10 reasons Bank of America CEO should be stripped of his chairman title

There could be changes ahead for Bank of America. On September 22, shareholders will vote on whether or not CEO and chairman Brian Moynihan should keep his "chairman" title. It's a controversial topic, and bank analyst Mike Mayo of CLSA has outlined 10 reasons why the answer should be "no." All 10 reasons have to do with the bank's board. It's not unusual for Wall Street CEOs to also hold chairman titles. Goldman Sach's Lloyd Blankfein, JPMorgan's Jamie Dimon and Morgan Stanley's James Gorman al...