Tag: boa

Business Moves

Bank of America shareholder suggests 18 names to replace Ken Lewis

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

Business Moves

Bank of America Merrill Lynch boss Ken Lewis calls it a day

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

View Point

Bank of America officers could face charges over Merrill merger

Bank of America is told that it cannot use attorney-client privilege to withhold information about why BoA shareholders didn't receive material disclosures regarding Merrill's ...

By Sameera Anand | 10 September 2009

View Point

More questions about Merrill merger

Decision-makers at Bank of America were influenced by regulators to let the merger proceed with the resultant impact on BoA seemingly not a key consideration.

By Sameera Anand | 27 April 2009

View Point

Will Merrill cost Ken Lewis his job?

Proxy advisory agencies and a large Bank of America investor advise shareholders to hold the chairman and CEO responsible for going ahead with the Merrill merger.

By Sameera Anand | 24 April 2009

Business Moves

Bonuses in the limelight again

News that AIG will pay large bonuses causes discontent among US taxpayers. Meanwhile, a court is soon to decide whether Bank of America must release names of bonus recipients.

By Sameera Anand | 18 March 2009

View Point

US banks tackle 2008 bonus conundrum

A meeting convened by US regulators highlights the issue of bonuses paid at US banks and the difficulty in striking a balance with respect to compensation.

By Sameera Anand | 25 February 2009

People Moves

Merrill ECM head takes on new role in sales

Soofian Zuberi becomes responsible for all sales activities across both equities and fixed income, leaving Jason Cox as the sole head of equity capital markets.

By Anette Jönsson | 24 February 2009

People Moves

Changes underway at Merrill post BoA takeover

In Asia, Sheldon Trainor sets out on his own (though continues as an adviser), Mark Matthews leaves the research team, and the firm sets up a new corporate finance advisory group.

By Lara Wozniak, Anette Jönsson | 15 January 2009

M&A

Stoic shareholders bless Bank of America-Merrill marriage

Shareholders of both companies support the merger; a large reduction in staff is likely to be the next announcement.

By Sameera Anand | 8 December 2008

Equities

Bank of America increases stake in CCB

The US bank exercises an option to increase its ownership in China Construction Bank to 19.1%, potentially with a view to booking some profit on its earlier investment.

By Daniel Inman | 19 November 2008

View Point

Merrill's Asia employees on firm ground

Merrill Lynch in Asia is complementary to Bank of America's existing franchise, suggesting bankers in Asia could be in a safer position than counterparts elsewhere.

By Sameera Anand | 19 September 2008

People Moves

BoA GTS sees Brown

Named Asia sales executive and regional head for GTS.

By Andrew Peck | 6 January 2006

People Moves

BoA announces three FX hires

New hires in Singapore and Hong Kong.

By Andrew Peck | 17 August 2005

People Moves

BoA promotes three in DCM

Wall, Patel and Schmidt benefit from an expansion in Asian DCM capabilities.

By Andrew Peck | 12 August 2005

People Moves

Subaiah joins BoA GTS

After six years with Deutsche, the veteran banker to head FI sales across Asia.

By Andrew Peck | 18 July 2005

People Moves

Linebaugh lines up new BoA role

BoA appoints a new pan regional treasury sales manager.

By Andrew Peck | 10 May 2005

People Moves

BoA Japan hires Fujii

Joins from Nikko Citigroup to take a senior currency role.

By Andrew Peck | 14 April 2005

People Moves

BoA hires Li for Hong Kong banking group

Tony Li joins Bank of America.

By Stephanie Wai | 12 May 2003

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