Bank of America controversies

...also argued that losing Lewis will ultimately hurt shareholders, since Lewis is the person best qualified for running the large and complex Bank of America. Lewis has never been known for his congeniality, which may have contributed to...

In this article: Ken Lewis, Bank of America, Bank of America, Colorado, and E mail

In this article: Ken Lewis, Bank of America, Bank of America, Colorado, and E mail

...not willing to wait for Wells Fargo to return to normal profitability? He probably has no logical argument to explain why he likes Bank of America, but does not like Wells Fargo. Wells Fargo soon pay back TARP, buy back government...

In this article: Wells Fargo, Bank of America, Tax, Citigroup, Financial crisis, TARP, and Bank of America

...and adding more money to its loan loss reserves. The increase in loan losses follows the pattern at other top U.S. banks, including Bank of America, JPMorgan Chase and Citigroup. Those banks' results, however, were supported by their...

In this article: Wells Fargo, Wachovia, Bank of America, Jpmorgan Chase, Citigroup, San Francisco, NEW YORK, and U.S.

...beyond extending the status quo. Cuomo: Had role in mortgage meltdown. Take a case that's in the headlines now, Cuomo's jihad against Bank of America CEO Ken Lewis. At issue is whether Lewis properly disclosed the buildup of losses on...

In this article: Ken Lewis, Andrew Cuomo, BofA, Hank Paulson, Balance sheet, Jihad, Tax, Bank of America, and Bear Stearns

He expressed optimism for his longtime employer, saying many of its units are "the envy of the industry." "I have no doubt that Bank of America will thrive and that my absence will not slow the momentum," said Lewis, who is 62 and has...

In this article: Ken Lewis, Bank of America, Bank of America, and Oppenheimer & Co.

...and legal issues facing Bank of America. But the October timing of Lewis's retirement seems to have left Bank of America flat-footed, even though they have had plenty of time to think about it. At an April shareholder meeting, Lewis was able...

In this article: Ken Lewis, Sallie Krawcheck, Bank of America, Bank of America, Citigroup, Wealth management, Wall Street, and Merrill Lynch

...that Ken Lewis should take no compensation for 2009. Mr Lewis agreed. Mr Lewis added that he felt it was not in the best interest of Bank of America for him to get into a dispute with the paymaster. " Mr Feinberg works as a special pay...

In this article: Ken Lewis, Bank of America, Bank of America, Lehman Brothers, Merrill Lynch, and US Treasury

...the U.S. Treasury Department's special master for compensation, suggested that Lewis should get no pay for the year and Lewis agreed, Bank of America spokesman Robert Stickler said Thursday. </p><p>In fact, Lewis will pay back about $1...

In this article: Ken Lewis, Bank of America, Bank of America, Andrew Cuomo, Chrysler Financial, NationsBank, Securities and Exchange Commission, and New York

...the firm with a package of retirement benefits and other stock awards worth between $US69.3 million and $US120 million, these people said. A Bank of America spokesman said Mr Lewis voluntarily agreed to the deal, which was finalised...

In this article: Ken Lewis, Bank of America, Bank of America, Merrill Lynch, Wall Street, Melbourne Institute of Technology, Australian Stock Exchange, General Motors, and Citigroup