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Bank of America, Ken Lewis and Joe Price face a law suit related to the Merrill Lynch merger, while Goldman Sachs pays each of its head honchos a $9 million bonus for 2009.
By Sameera Anand | 9 February 2010
Nomura is bullish on Asia and expects that regional domestic demand will overtake exports to become the main driver of growth in 2010.
By Winnie Tang | 28 January 2010
Bank of America Merrill Lynch raises $19.3 billion through a share sale as part of a plan to repay its Tarp funding and extricate itself from government controls.
By Sameera Anand | 7 December 2009
Finger Interests, a large shareholder in Bank of America Merrill Lynch, has pressed the case for an external candidate to replace Ken Lewis, and has even suggested 18 potential ...
By Sameera Anand | 5 November 2009
Bank of America Merrill Lynch CEO Ken Lewis will retire by year-end. An August reorganisation flagged Sallie Krawcheck, Brian Moynihan and Tom Montag as possible successors, ...
By Sameera Anand | 2 October 2009
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May 2012