WASHINGTON, May 15 (UPI) -- Sheila Bair, head of the Federal Deposit Insurance Corp., said chief executives at some U.S. banks that received bailouts will be sacked in the coming months.
NEW YORK, Oct. 2 (UPI) -- Bank of America Corp. said Thursday it was reserving a top position in the company for Merrill Lynch Chairman and Chief Executive Officer John Thain.
CHICAGO, Oct. 2 (UPI) -- LaSalle Bank NA Chief Executive Officer Larry Richman will resign from Chicago's No. 2 bank following Bank of America Corp.'s takeover, the bank said Tuesday.
CHICAGO, Sept. 29 (UPI) -- Bank of America says it will lay off about 2,500 Illinois employees during the next two years after completing its acquisition of LaSalle Bank.
CHARLOTTE, N.C., April 3 (UPI) -- Private bank U.S. Trust Corp. Chief Executive Peter Scaturro will step down due to disputes with Bank of America Corp., Bank of America said Tuesday.
WYOMISSING, Pa., Oct. 10 (UPI) -- The head of Sovereign Bancorp Inc., a Pennsylvania regional bank, is expected to be replaced as directors search for better share price performance.
CHARLOTTE, N.C., Aug. 9 (UPI) -- Brazil's Banco Itau Holding Financeira SA will pay about $650 million to buy Bank of America Corp.'s operations in Chile and Uruguay.
CHARLOTTE, N.C., June 30 (UPI) -- Bank of America Corp. said Thursday it's buying credit-card giant MBNA Corp. for $35 billion to become one the largest credit card companies in the world.
WASHINGTON, Jan. 10 (UPI) -- The Federal Reserve Bank of Chicago said Monday it has appointed two new directors on its Chicago board and one on its Detroit Branch board.
BOSTON, June 23 (UPI) -- Bank of America of Boston, Mass., said Wednesday its directors have voted to split the common stock 2-for-1 and to hike the dividend by 12.5 percent.
