Topic: Kenneth D. Lewis
NEW YORK (Reuters) - Former Bank of America Corp Chief Executive Kenneth Lewis rejected fraud charges in a lawsuit by New York's attorney general who accused him of misleading shareholders about the bank's takeover by Merrill Lynch & Co nearly two yea
NEW YORK (Reuters) - A Bank of America Corp board member wanted an outsider to take over as chief executive in December but eventually gave in to backing Brian Moynihan for the post, the Wall Street Journal reported on Monday.William Boardman, a ...
This isn't last year's—or last decade's—Bank of America Corp.. . BofA has continued its extensive makeover by electing newcomer and banking...
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp posted its first quarterly profit since summer 2009 as it generated outsized bond trading revenue and set aside less money to cover bad loans.The results weren't entirely positive -- fee income p
NEW YORK (Reuters) - For executives at Bank of America Corp and Citigroup Inc, it pays to be just below the top.At both banks, investment banking heads received compensation that dwarfed their chief executive's pay.Citigroup said its chief executive, Vi
NEW YORK (Reuters) - Former Bank of America <BAC.N> Chief Executive Kenneth Lewis said he was briefed twice on his company's decision not to disclose rising losses at Merrill Lynch & Co, before the bank's ...
NEW YORK (Reuters) - Former Treasury Secretary Henry Paulson and billionaire investor Warren Buffett, from different sides of the political spectrum, expressed support on Tuesday for the U.S. government's aggressive steps in 2008 to keep the nation's bank
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp <BAC.N> said on Tuesday it would shift its chief financial officer to a job running its retail operations and seek a replacement CFO, one of several moves by new ...
CHARLOTTE, North Carolina (Reuters) - Brian Moynihan may be about to run the largest U.S. bank at a time of massive change in the crisis-damaged industry but he seems to be restricting his public comments about strategy to one word: Execute.Moynihan ...
Bank of America has said it had named a top manager, Brian Moynihan, as the new chief executive officer to take over from embattled Kenneth Lewis, stepping down after being embroiled in a storm.Moynihan, 50, is currently president of consumer and ...