Tuesday, 22 December 2009

Banking on America: Brian Moynihan is Crowned the New Ken Lewis

Senior exec Brian M. has now been appointed BoA CEO having successfully dislodged John Thain. He originally came from FleetBoston which was acquired by BoA in 2004. He worked for FleetBoston for 11 years. Scrutiny over the ML deal proved too much for Ken Lewis who will retire on Dec 31.

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