Bank of America agrees to hand over Merrill Lynch deal documents to NY attorney generalOctober 12th, 2009 Bank of America to give up Merrill deal documentsSAN FRANCISCO — After months of resistance, Bank of America Corp. is handing over documents related to its purchase of Merrill Lynch & Co.
Bank of America executives Sallie Krawcheck and Mark D. Linsz named to BlackRock boardOctober 9th, 2009 BofA exec Sallie Krawcheck joins BlackRock boardNEW YORK — Investment manager BlackRock Inc. on Friday said Bank of America executives Sallie Krawcheck and Mark D.
Ohio AG takes lead role in securities lawsuit alleging concealment by Bank of AmericaSeptember 30th, 2009 Ohio AG takes lead role in Bank of America lawsuitCOLUMBUS, Ohio — Ohio has taken the lead role in an aggressive securities lawsuit alleging that Bank of America Corp. concealed billions of dollars in losses and bonuses paid during the bank's merger with Merrill Lynch.
Report: FBI, Justice Department also investigating Bank of America's Merrill Lynch dealSeptember 18th, 2009 Report: FBI, DOJ investigating BofA's Merrill dealCHARLOTTE, N.C. — The FBI and Department of Justice are conducting a criminal probe into Bank of America Corp.'s purchase of Merrill Lynch last year, the Charlotte Observer reported Friday.
Bank of America asked to provide NY attorney general with further details on Merrill dealSeptember 8th, 2009 NY AG asks BofA for more details on Merrill dealNEW YORK — Bank of America Corp. and the New York Attorney General's office are sparring again over the bank's acquisition of Merrill Lynch & Co.
Judge says lawsuit over Merrill Lynch retirement accounts to be settled for $75 millionAugust 26th, 2009 Worker lawsuit over Merrill Lynch stock settledNEW YORK — A federal judge gave the final approval for a $75 million settlement on behalf of employees who had Merrill Lynch stock as a retirement investment. In a key ruling last week, U.S.
Bank of America defends $33M Merrill Lynch bonus settlementAugust 24th, 2009 BofA defends Merrill bonus settlementCHARLOTTE, N.C. — Bank of America Corp.
Bank of America pays $33 million penalty to settle SEC charges that it misled investorsAugust 3rd, 2009 BofA pays $33M SEC fine for misleading investorsWASHINGTON — Bank of America has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its employees. In seeking approval to buy Merrill, Bank of America told its shareholders that Merrill agreed not to pay year-end bonuses without Bank of America's consent.
Bank of America pays $33-mn fine for misleading bonusesAugust 3rd, 2009 WASHINGTON - The Bank of America agreed to pay US regulators a $33-million fine for misleading its investors about billions of dollars in bonuses paid to Merrill Lynch executives when it acquired the investment bank. While seeking stockholder approval of the deal to acquire Merrill Lynch, the Bank of America said that Merrill would not pay year-end bonuses to its executives, the Securities and Exchange Commission said.
Bank of America names chief accounting officerJuly 23rd, 2009 Bank of America names chief accounting officerCHARLOTTE, N.C. — Bank of America Corp.
Former Treasury Secretary Paulson defends his response to finance crisis, Bank of America dealJuly 15th, 2009 Paulson defends work as treasury secretaryWASHINGTON — Former Treasury Secretary Henry Paulson has said in written testimony that the Bush administration's response to the financial crisis late last year was "not perfect" but "saved this nation from great peril."
Paulson also defended his role in Bank of America Corp.'s decision to acquire Merrill Lynch, despite Merrill's troubled financial state. Paulson said the merger was in the best interest of the nation and the two firms and that remarks he made during discussions of the deal were "appropriate."
Some House lawmakers have accused Paulson and Federal Reserve Chairman Ben Bernanke of pressuring Bank of America officials to proceed with the merger despite mounting losses at Merrill Lynch that ultimately hurt Bank of America stockholders.
O. Temple Sloan Jr. resigns from Bank of America board after 13 yearsMay 29th, 2009 Temple Sloan resigns from Bank of America boardNEW YORK — Bank of America Corp. says its lead outside director, O.
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.