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Brian Moynihan, president of consumer business with Bank of America Corp., is seen in this undated handout photograph provided to the media on Thursday, Dec. 17, 2009. Bank of America Corp., the biggest U.S. lender, promoted Moynihan to chief executive officer, putting him in charge of repairing the company after the tumultuous takeover of Merrill Lynch & Co. pushed Kenneth D. Lewis into early retirement. Source: Bank of America Corp. via Bloomberg    EDITOR'S NOTE: BEST QUALITY AVAILABLE. NO SALES. EDITORIAL USE ONLY.
Brian Moynihan, president of consumer business with Bank of America Corp., is seen in this undated handout photograph provided to the media on Thursday, Dec. 17, 2009. Bank of America Corp., the biggest U.S. lender, promoted Moynihan to chief executive officer, putting him in charge of repairing the company after the tumultuous takeover of Merrill Lynch & Co. pushed Kenneth D. Lewis into early retirement. Source: Bank of America Corp. via Bloomberg EDITOR’S NOTE: BEST QUALITY AVAILABLE. NO SALES. EDITORIAL USE ONLY.
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CHARLOTTE, N.C. — A regulatory filing shows Bank of America chief executive Brian Moynihan has bought 30,000 shares of common stock in the company, a possible signal to Wall Street that the executive believes BofA’s stock is undervalued. Documents filed with the Securities and Exchange Commission on Monday show Moynihan, left, paid about $13.02 a share in three separate transactions for a total of roughly $390,000. BofA shares ended Monday unchanged at $12.87. The Associated Press; AP file photo

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