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Ken Lewis announced yesterday that he would be resigning as CEO of Bank of America effective at the end of the year. At the time of the announcement, there was no replacement in mind.
According to CreditSights Inc. analyst David Hendler had this to say about …

After receiving $45 billion in bailout money already, Bank of America is now saying that it needs an additional $34 billion to make it through the “worsening recession.”
According to The New York Times, which cites an executive at the bank, the U.S. government told BofA …

This evening Kenneth Lewis was replaced as the chairman of the board of Bank of America. After the company adjourned its annual meeting, it announced the change in management. Shareholders voted 50.3% in favor to split the roles of chairman and CEO. Kenneth Lewis had …

Bank of America brand Countrywide has been rebranded as Bank of America Home Loans. On July 1, 2008 BofA acquired Countrywide and announced a few months ago that it would change the name of the company.
During the first quarter of 2009, Bank of America funded …

Kenneth Lewis, chief exec of Bank of America is claiming that Ben Bernanke, Federal Reserve chairman, and former Treasury dept. chief Henry Paulson pressured BofA not to talk about its plan to buy Merrill Lynch. Under oath, Lewis said that he believed Bernanke and Paulson …