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Desoer, would receive less in salary for 2009, citing a review by the government’s special master for compensation, Kenneth R...Desoer had their annual salaries set at $500,000, the company said in a regulatory filing. The two executives also received...
Tags: Bank of America amends, senior executive, pay czar, Bank of America Corp, regulatory filing, Germany, Tarp, Barbara J. Desoer, Bank of America, Primary dealers, Business Finance, Year of birth missing, Executive compensation, Citigroup, Merrill Lynch, Kenneth Feinberg, Troubled Asset Relief Program
Mayslake Village-Plainfield Campus Inc., a not-for-profit that owns and runs Cedarlake Village in Plainfield, filed for Chapter 11 bankruptcy protection on Monday, citing an August foreclosure by Bank of America Corp. against the affordable senior housing...
Tags: Bank of America Corp., Mayslake Village-Plainfield Campus Inc., Cedarlake Village, LaSalle Bank, courts records, Plainfield
BofA CEO says financial industry recovery slow Bank of America Corp.'s outgoing CEO Ken Lewis said Tuesday that the economy may be improving but the recovery in the financial industry remains slow. In what may be his last address to analysts, Lewis said...
Tags: Merrill Lynch & Co., Bank of America-Merrill Lynch, Bank of America Corp., Merrill Deal, BofA knew of Merrill, Mr. Mayopoulos, House Oversight Committee, Timothy Mayopoulos, general counsel, Serbia, Bač, John Thain, Timothy Geithner, Ken Lewis (executive), GMAC, Bailout, Primary dealers, Merrill Lynch, Bank of America, Business Finance, Ben Bernanke, FleetBoston Financial, Federal Reserve System, United States House Committee on Oversight and Government Reform, Darrell Issa, Council on Foreign Relations, Group of Thirty, Politics, Troubled Asset Relief Program, American International Group, Goldman Sachs
The developer of the Chicago Spire has fired back against Bank of America Corp. s lawsuit accusing it of defaulting on a loan and seeking $4.9 million. Shelbourne Development Group Inc. and its principal, Garrett Kelleher, claim in court papers filed...
Bank of America Corp.'s outgoing CEO Ken Lewis said Tuesday that the economy may be improving but the recovery in the financial industry remains slow. More Business In what may be his last address to analysts, Lewis said at a conference in New York...
Tags: Bank of America Corp., Ken Lewis (executive), Merrill Lynch & Co, financial industry, ceo says, bofa ceo
Bank of America Corp's ( BAC.N ) credit card loss rate may have peaked in the third quarter, but it will remain elevated for a "substantial number of quarters," the bank's head of consumer banking said on Thursday. Bank of America, the largest U.S. bank,...
Tags: Bank of America Corp., credit card, loss rate, card loss
Chief Executive Robert Kelly recently was approached about becoming the next CEO of Bank of America Corp., said people familiar with the situation. But Mr. Kelly has shown no interest in the job, said a person familiar with his thinking. Mr. Kelly is...
Tags: Robert Kelly, Bank of America Corp., Charlotte, york mellon, Mr. Kelly
General Atlantic and Colony are partnering with First Republic Chairman James Herbert II and President Katherine August-deWilde in the deal, which has a purchase price of more than $1 billion, according to a person familiar with the matter. The transaction...
Tags: First Republic Bank, Bank of America Corp., General Atlantic LLC, Colony Capital, private bank, Merrill Lynch & Co., equity firms
The suit is a "misguided action that could halt the project," the developer said in a statement. Freed took over the project, which has gone through many developers over the decades, in April 2007...Here is the statement from Joseph Freed and Associates:...
Bank of America Corp. said Tuesday it will charge a limited number of its credit card customers annual fees ranging from $29 to $99 starting next year. "We're testing this to see what the feedback is. In terms of any plans going forward, we haven't made...