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, but no clear handover strategy has emerged.
October 01, 2009

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.
April 26, 2009

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.
April 23, 2009

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.
March 17, 2009

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.
February 24, 2009

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.
February 23, 2009

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.
January 14, 2009