NEW YORK (Reuters) - Bank of America Corp <BAC.N> Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors ...
BARCELONA/SAN FRANCISCO (Reuters) - Chip stocks fell on Thursday after Bank of America Merrill Lynch downgraded the sector on a possible inventory correction, ...
WASHINGTON (Reuters) - A congressional panel accused Bank of America Corp <BAC.N> on Tuesday of knowing about Merrill Lynch's huge losses as early as November 2008, suggesting the bank misled investors in saying it did not grasp the depth of the problems ...
Brian Moynihan, Bank of America president of consumer and small business banking, testifies on Capitol Hill in Washington, Tuesday, Nov. 17, 2009, before the House Oversight and Government Reform Committee hearing on the role of the federal government in the Bank of ...
House Dems: government didn't force Bank of America to take over Merrill, GOP claims cover-up A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was applied ...
WASHINGTON - NOVEMBER 17: Thomas May, member of the Bank of America Board of Directors, testifies during a joint hearing before the House Oversight and Government Reform Committee and its Domestic Policy Subcommittee November 17, 2009 on Capitol Hill in Washington, DC. ...
NEW YORK (Reuters) - GMAC Chief Executive Al de Molina has resigned, and will be replaced by Michael Carpenter, the troubled lender said on Monday. Carpenter, 62, is a former Citigroup Inc senior executive, having headed the global corporate and investment bank ...
House panel examining Bank of America bailout, Merrill takeover; company officials testifying A House oversight panel is examining the $45 billion federal bailout of Bank of America Corp. and its shotgun acquisition of Merrill Lynch & Co. last year at the height ...
FILE - In this Jan. 25, 2009 file photo, a Bank of America branch office is shown in New York. Timothy Mayopoulos, the deposed top attorney of Bank of America Corp. says he played no role in drafting the bank's agreement to ...
WASHINGTON (Reuters) - Former Bank of America Corp <BAC.N> general counsel Timothy Mayopoulos was "stunned" to be fired as the bank was trying to wrap up its purchase of Merrill Lynch & Co, after being promised the same job at the combined ...
NEW YORK (Reuters) - U.S. credit card companies said defaults fell more than expected in October, but delinquencies mostly rose in a sign that consumers remain under stress and the sector can expect more pain ahead. The drop in defaults reflected a ...
Shontaye Edwards spends her day in a gray cubicle at a Bank of America call center in this Dallas suburb. On the other end of the phone line are homeowners — tense, exasperated and looking for help. They often call with questions ...
