Bank of America appointed Jim DeMare and Dean Athanasia as co-presidents, working alongside CEO Brian Moynihan. CFO Alastair Borthwick was also promoted to executive vice president. The shake-up hints at potential successors to Moynihan, who has led the bank since 2010 and has a succession plan in place. Succession planning is a hot topic on Wall Street, but Moynihan has not disclosed any specific names on the list. DeMare, who joined BofA in 2008, has been praised for his performance on earnings calls, with Moynihan recognizing his contributions to sales and trading revenue growth.

Read more at Yahoo Finance: Bank of America names top deputies, offering clues to Moynihan’s successor