Bank of America CEO Kenneth Lewis testifies on Capitol Hill in Washington
Bank of America CEO Kenneth Lewis testifies before a House Oversight and Government Reform Committee hearing on Bank of America's purchase of Merrill Lynch in Washington on June 11, 2009. (UPI Photo/Kevin Dietsch)
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CHARLOTTE, N.C., Nov. 12 (UPI) -- The resignation of Bank of America's chief executive "clearly" caught the U.S. bank's board of directors off guard, investment advisers said.
CHARLOTTE, N.C., Oct. 16 (UPI) -- Bank of America Chief Executive Officer Kenneth Lewis said he would forfeit his salary for 2009 amid new revelations over the purchase of Merrill Lynch.
President Barack Obama's financial reform package took a step forward as a House panel in Washington approved a measure to regulate derivatives.
CHARLOTTE, N.C., Oct. 2 (UPI) -- U.S. financial giant Bank of America said it formed a search committee to find a replacement for beleaguered Chief Executive Officer Kenneth Lewis.
CHARLOTTE, N.C., Sept. 30 (UPI) -- Bank of America Chief Executive Officer and President Kenneth Lewis will retire at the end of the year, the bank announced Wednesday.
WASHINGTON, July 16 (UPI) -- Congressional leaders chastised former U.S. Treasury Secretary Henry Paulson Jr. for his role in pressuring Bank of America to purchase Merrill Lynch.
WASHINGTON, June 11 (UPI) -- Bank of America head Kenneth Lewis told a U.S. House committee Thursday officials threatened to oust him if he did not complete a merger with Merrill Lynch.
CHARLOTTE, N.C., April 29 (UPI) -- Bank of America Corp. said President and Chief Executive Officer Kenneth Lewis would no longer serve as the bank's chairman.
WASHINGTON, March 10 (UPI) -- House Financial Services Chairman Barney Frank has joined with New York Attorney General Andrew Cuomo to seek answers on bank bonus pay.
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.