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On Wall Street, Succession Planning Is Not A Strength (BAC, C, UBS, RBS)
Wednesday, January 27, 2010 - 8:00am | 214Bank of America (NYSE: BAC) recently appointed Brian T Moynihan as its CEO, replacing Kenenth D Lewis. But Bloomberg reports that the appointment took three months and a number of interviews of probable candidates, and is an indication that the largest US Bank did not have a succession plan in...