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October 11, 2008 2:35:11 AM CDT

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Stories related to: Kenneth D. Lewis

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3 Stories

  • September 2008

    • Who's Who: The Players Remaking Wall St.

      Wall Street Journal  |  Sep 19, 08 9:41 AM CDT

      Who's Who: The Players Remaking Wall St.

      (Newser) - The financial world has been rocked to its foundations in a few short days, with a handful of men making momentous decisions. The Wall Street Journal outlines the key players. Henry Paulson. No Treasury chief has wielded such power. He decides whether big firms live or die via federal bailouts. Will his too-big-to-fail philosophy stand the test of time? John Thain. The Merrill Lynch CEO saw the writing on the wall for his own firm while working on the Lehman crisis. In less than 24 hours, he hammered out a deal to sell Merrill to Bank of America. More »

      Tags

      Financial Crisis  • Wall Street  • Henry Paulson  • Merrill Lynch  • Bank of America  • John Thain  • Richard Fuld  • Kenneth D. Lewis

  • January 2008

    • BofA Faces Big Risks With Countrywide

      New York Times  |  Jan 12, 08 1:18 PM CST

      BofA Faces Big Risks With Countrywide

      (Newser) - For Bank of America CEO Kenneth Lewis, buying beleaguered mortgage lender Countrywide Financial fits into his retail strategy to offer customers full-service banking and, in the process, sell additional services, reports the New York Times. But, whether BofA can cross-sell Countrywide’s customers aggressively enough to offset potential losses from the damaged lender’s mortgage business is a huge unknown. More »

      Tags

      Bank of America  • Countrywide Financial  • Kenneth D. Lewis

  • October 2007

    • Shake-up Rocks I-Banking Unit After Deep Losses

      Wall Street Journal  |  Oct 25, 07 4:45 AM CDT

      Shake-up Rocks I-Banking Unit After Deep Losses

      (Newser) - After last week’s dismal report card for its investment arm, Bank of America replaced that unit’s president and announced a slate of reforms to recharge the business. Gene Taylor abruptly retired and will be replaced by Brian Moynihan, the bank’s president of Global Wealth and Investment Management, and an architect of its FleetBoston merger, reports the Wall Street Journal . More »

      Tags

      Wall Street  • Bank of America  • banking  • investment bank  • financial services  • Kenneth D. Lewis

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