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Bank of America’s CEO recommends no bonuses for company executives
Kenneth Lewis, chief executive officer at Bank of America Corp., recommended Tuesday that he and other senior executives not receive bonuses after five straight quarters of declining profit.
From Tacoma News Tribune - 1 day ago
Bank of America chief seeks no bonus
Bank of America's top executive said Tuesday he was recommending no bonuses for himself or other top executives for 2008 in view of the woes hitting the sector and the company.
From AFP via Yahoo! News - 1 day ago
Economic News Online: Bank of America Sells China Construction ...
The largest U.S. bank is trying to take advantage of almost $14 billion of paper profits from its China Construction stake, after paying about $33 billion to take over Merrill Lynch & Co. Shares of Industrial & Commercial Bank of China ...
From
Economic News Online
- by rpf_81 - 20 hours ago
NewsDaily: Bank of America sells $2.8 billion China bank stake
NEW YORK, Jan. 1, 2009 (Reuters) — Bank of America Corp completed its purchase of Merrill Lynch & Co on Thursday, creating the largest U.S. bank and perhaps one of the biggest challenges yet for longtime Chief Executive Kenneth Lewis. ...
From
NewsDaily: Business Headlines
- 1 day ago
Bank of America's Chief Offers to Give Up Bonus - Stocks
Merrill Lynch & Co. brokerage head Bob McCann plans to leave the company less than a week after Bank of America Corp. completed its acquisition of the securities firm. McCann, 50, a 26-year veteran of New York-based Merrill, ...
From
WallStreetBlips - Top Stocks N...
- 21 hours ago