​CBJ Morning Buzz: BofA's Moynihan on stress test's effects; I-77 toll lanes put local official in hot seat (Video)

Today’s top local stories: It's time once again for hometown financial giant Bank of America (NYSE: BAC) to face results of the Federal Reserve's stress test — and CEO Brian Moynihan says the annual hurdle could be causing banks to curb lending, according to a report from The Wall Street Journal. BofA and other large banks will learn later this month the results of the latest tests, which are aimed at determining whether key financial institutions could withstand major economic stressors. Moynihan…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/blog/morning-edition/2016/06/cbj-morning-buzz-bofas-moynihan-on-stress-tests.html?ana=RSS%26s=article_search