Bank of America names team to oversee search for new CEO to replace LewisOctober 2nd, 2009 BofA board forms CEO search committeeCHARLOTTE, N.C. — Bank of America Corp.
Bank of America board authorizes $713 million dividend payment on government investmentOctober 2nd, 2009 Bank of America authorizes TARP dividend paymentCHARLOTTE, N.C. — Bank of America Corp.
Former Citi CFO Krawcheck to run BofA's investment operations; bank makes other exec movesAugust 3rd, 2009 Former Citi CFO takes Bank of America jobCHARLOTTE, N.C. — Bank of America Corp.
Bank of America CEO Lewis reportedly says bank to shrink total number of branches by 10 pctJuly 28th, 2009 Report: BofA planning to cut 10 pct of branchesCHARLOTTE, N.C. — Bank of America Corp.'s CEO Ken Lewis said he is planning to shrink the bank's 6,100-branch network by about 10 percent, The Wall Street Journal reported Tuesday.
BofA plans to complete debt exchange soon, boosting capital by more than $33.9B Feds requiredJune 25th, 2009 BofA raising more capital than Feds requiredCHARLOTTE, N.C. — Bank of America Corp.
BofA completes debt exchange, has increased capital by more than $33.9B government requirementJune 25th, 2009 BofA raises more than the $33.9B required by gov'tCHARLOTTE, N.C. — Bank of America Corp.
As Bank of America CEO Lewis testifies on Merrill deal, shares rise, gain analyst supportJune 12th, 2009 BofA shares gain support despite Lewis testimonyCHARLOTTE, N.C. — Even as Bank of America CEO Ken Lewis came under fire — again — for buying investment bank Merrill Lynch, his company's stock soared as analysts became more bullish on the bank and its chieftain.
Bank of America quietly seeking help to find new directors after shareholder revoltMay 8th, 2009 Bank of America seeks new board membersCHARLOTTE, N.C. — Bank of America Corp.
Bank of America quietly seeking help to find new directors after shareholder revolt, says WSJMay 8th, 2009 WSJ: Bank of America seeks new board membersNEW YORK — Bank of America Corp. is looking for new directors after a shareholder revolt stripped its chief executive of his chairman's title, The Wall Street Journal said Thursday.
Bank of America shares fall in premarket trading on reports it needs $34 billion in capitalMay 6th, 2009 BofA shares fall on reports of $34B shortfallNEW YORK — Bank of America stock is falling in premarket trading amid reports that it needs $34 billion in new capital. The Wall Street Journal and New York Times are reporting regulators are telling the Charlotte, N.C.-based bank it needs about $34 billion in capital based on results of government "stress tests." Both reports cite anonymous sources.
Bank of America CEO Lewis says he welcomes Massey as new chairman 'without reservation'May 1st, 2009 BofA's Lewis: We 'welcome' Massey's leadershipCHARLOTTE, N.C. — Bank of America Corp.
Rancor over Merrill cost Lewis, a consummate dealmaker, chairman's title at Bank of AmericaApril 30th, 2009 For BofA's Lewis, Merrill was 1 deal too manyCHARLOTTE, N.C. — Ken Lewis, a man who thrived on scoring the next big deal, found himself sunk by one.
Merrill Lynch deal may cause Bank of America CEO Ken Lewis part of his jobApril 29th, 2009 BofA CEO Lewis' fate in question post Merrill dealCHARLOTTE, N.C. — Ken Lewis, a man who thrived on scoring the next big deal, could be sunk by one.
California pension fund to vote against Bank of America's board, including CEO Ken LewisApril 28th, 2009 CalPERS to vote against BofA board re-electionCHARLOTTE, N.C. — The California Public Employees' Retirement System, the largest U.S.
Bank of America posts surprising profitsApril 21st, 2009 NEW YORK - Bank of America Corp. Monday became the latest US bank to report a stunning return to profitability in the first quarter of this year, easing some concerns about the financial industry despite expectations of further credit losses in future.