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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
Bank of America’s top job on line House panel to grill Hub-linked bank exec Text size B rian Moynihan is facing a make-or-break moment tomorrow in his quest to become head of America’s largest bank, as he and two other Boston-connected executives head...
Tags: Bank of America, Brian Moynihan, Merrill Lynch, FleetBoston Financial, Ken Lewis (executive), Dick Bove, merrill deal, New York City, Pennsylvania Station, Primary dealers, Business Finance
Lewis , the chairman of Bank of America, and other top executives convened a late-afternoon conference call to explain the bank’s latest problems to the board: Not only was the government making the new multibillion-dollar bailout on punishing financial...
N.C. — Bank of America, giving up a months-long fight with regulators, is turning over documents revealing legal advice it received on its purchase of Merrill Lynch. In a turnabout, the bank is waiving attorney-client privilege and disclosing recommendations...
Tags: Merrill Lynch & Co., Bank of America Corp., N.C.-based Bank of America, Merrilll, Securities and Exchange Commission, merrill deal, deal documents, legal advice, U.S, New York AG
Paulson Jr., in prepared testimony to be presented Thursday, deflects the blame from Federal Reserve Chairman Ben S. Bernanke and says he is the one who told Bank of America chief executive Kenneth Lewis he would be removed if he didn't go through with...
Tags: Henry Paulson, Merrill Lynch & Co., Hank Paulson, Mr Paulson, Bank of America Corp., treasury secretary, secretary henry, House of Representatives Oversight, Treasury Department, merrill deal
Shares in Bank of America Corp ( BAC .N) fell for the fifth day in a row on Wednesday as concern the government might nationalize the bank -- and wipe out shareholders -- continued to dog its share price. Shares in the bank touched an 18-year low of $4.71,...
Tags: Bank of America Corp., Merrill Lynch & Co., Merrill Deal